| BUSINESSWEEK ONLINE : OCTOBER 23, 2000 ISSUE | ||||||||
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| INTERNATIONAL -- LATIN AMERICAN COVER STORY
Big-Ticket Items A Sampling of Auto Investments in Latin America since 1995
COMPANY INVESTMENT TIME SPAN PURPOSE
FIAT $642 million 1995-1996 Built new car plant in
(FIA) Argentina
VOLKSWAGEN $1.5 billion 1995-2000 Retooled plant in Mexico
(VLKAY) to launch New Beetle
RENAULT $1.4 billion 1998-2001 Construction of two factories
in Brazil
DAIMLERCHRYSLER $815 million 1998-2000 New plant and joint venture
(DCX) with BMW to produce engines
in Brazil
GENERAL MOTORS $600 million 1999-2000 Inaugurated new car factory
(GM) in Brazil in July
FORD MOTOR $1.9 billion 2000-2001 New Brazilian plant will
(F) come online next September
PSA PEUGEOT $600 million 1998-2000 New factory in Brazil
CITROEN scheduled to be completed
(PEUGY) in December
DATA: BUSINESS WEEK
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 RELATED ITEMS Car Power (int'l edition) LATIN AMERICAN COVER IMAGE: Car Power CHART: Auto Output Is Rising TABLE: Big-Ticket Items Brazil Shows How Much It Loves Carmakers (int'l edition) A Sputtering Sound in Argentina (int'l edition) Parts Shops Are Tailgating Carmakers to Latin America (int'l edition) INTERACT E-Mail to Business Week Online | |||
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