• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Chevrolet will invest $ 100 million in new products

Posted On 15 Sep 2016
CHEVEROLET-ECUADORTIMES
The Chevrolet brand will invest about $ 100 million for new products in the next five years in the country, this will involve the creation of production lines at its plant and the launch in 2017 of new vehicles assembled in the country (an 80% is currently assembled and a 20% is imported).
The announcement was made Tuesday night by Luis Enrique Landinez, CEO of General Motors OBB of Ecuador, during the celebration of the 90th anniversary of the brand in the Rodolfo Baquerizo square, in Guayaquil. The company chose the local port because there, in 1926, its first car entered in Ecuador. Furthermore, in Guayaquil, Chevrolet has the highest market share of the country, with a 51%, Landinez said.
Chevrolet executives, including the CEO of General Motors in South America, Barry Engle, participated earlier in a press conference. There, Landinez said that despite the economic scenario, the most difficult part, ie the first quarter, is over and a recovery begins.

In that quarter sales fell to 4,000 units per month when in 2015, for example, they exceeded the 12,000 units. In August, they rose to 5,400 units. The industry expects to close 2016 with 60,000 units, the half of what was sold in 2014 (120,000) and a 27% less than in 2015 (82,000).

Source: http://www.eluniverso.com/noticias/2016/09/15/nota/5801347/chevrolet-invertira-100-millones-nuevos-productos

About the Author
  • google-share
Previous Story

The US withdraws the antibacterial soap and the CAN studies to do the same

Next Story

Swedish appeal court ratifies arrest warrant for Julian Assange

SEARCH

LATEST NEWS

ecuadortimes-cristian-espinosa-was-appointed-ambassador-of-ecuador-to-the-united-states_cristian-espinosa-fue-nombrado-embajador-de-ecuador-en-estados-unidos

Cristian Espinosa was appointed Ambassador of Ecuador to the United States

Posted On 28 Jun 2024
ecuadortimes-daniel-noboa-receives-the-credentials-of-the-new-united-states-ambassador_daniel-noboa-recibe-las-cartas-credenciales-del-nuevo-embajador-de-estados-unidos

Daniel Noboa receives the credentials of the new United States ambassador

Posted On 27 Jun 2024
40-000-mujeres-recibiran-becas-en-educacion-superior

40,000 women will receive scholarships in higher education

Posted On 26 Jun 2024
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net