December 21, 2014 2:56 PM ET

Automobiles

Company Overview of General Motors do Brasil Ltda.

Company Overview

General Motors do Brasil Ltda. designs, manufactures, and markets vehicles. The company was founded in 1925 and is based in Sao Caetano do Sul, Brazil. General Motors do Brasil Ltda. operates as a subsidiary of General Motors Company.

Avenida Goiás, 1805

Sao Caetano do Sul, SP 09550-050

Brazil

Founded in 1925

Phone:

55 11 4234 7700

Fax:

55 11 4234 8572

Key Executives for General Motors do Brasil Ltda.

Chief Financial Officer
President of South America
Age: 59
Vice President of Communications
Vice President
Compensation as of Fiscal Year 2014.

General Motors do Brasil Ltda. Key Developments

General Motors do Brasil to Invest USD 2.9 Billion in Brazil from 2014 to 2018

General Motors do Brasil is investing USD 2.9 billion in Brazil from 2014 to 2018. The funds will be utilised for the new products, technologies and employee training and for localising components with Brazilian suppliers. This investment will allow the Chevrolet brand continue to renew its line-up with a focus on technology and quality. Another major purpose of this contribution is to raise the percentage of nationalisation of the components of the cars made in Brazil, in an action that also involves suppliers installed in the country.

General Motors Confirms to Lay Off 1,000 Employees in Brazil

The Brazilian affiliate of General Motors has announced layoff of nearly 1,000 employees from a unit located in Sao Jose dos Campos in Sao Paulo state. This move will affect 1,053 workers, which includes employees who had already joined the Voluntary Resignation Program, or PDV, last year. As per the terms agreed upon with the union, General Motors granted employees a paid leave of absence from August 2013 until December 31.

General Motors do Brasil Ltda. and Union Agree for More Talks over Layoffs

General Motors do Brasil Ltda. and labour union leaders will hold further talks next week over the automaker's planned layoffs of nearly 1,600 workers. The decision to extend the talks, which will take place at the company's facility in Sao Jose dos Campos near Sao Paulo, comes after the company's management and union held an unproductive round of discussion on January 22, 2013.

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