Automakers to spend $11.2 bln in Brazil thru ’12

SAO PAULO April 30 (BestGrowthStock) – Global automakers will likely
invest up to $11.2 billion in Brazil over the next two years, the
president of industry group Anfavea, Cledorvino Bellini, said on
Friday.

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(Reporting by Alberto Alerigi Jr.; Writing by Guillermo
Parra-Bernal; Editing by Phil Berlowitz)

Automakers to spend $11.2 bln in Brazil thru ’12