Bloomberg News

GM, Peugeot to Decide on Brazil Factory This Month, Veja Says

May 19, 2012

General Motors Co. (GM:US) and PSA Peugeot Citroen will decide on a 1-billion-euro ($1.28 billion) investment to build a factory in Brazil by the end of this month, Veja magazine reported in its Radar column, without saying where it got the information.

The plant may be built in Rio de Janeiro or Minas Gerais state, the Sao Paulo-based magazine said.

To contact the reporter on this story: Lucia Kassai in Sao Paulo at lkassai@bloomberg.net

To contact the editor responsible for this story: Dale Crofts at dcrofts@bloomberg.net


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