• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Land iguanas reappear in Galapagos and this is the reason
UN: Ecuador is the third country in the world that seizes the most drugs
Ecuador detects new case of monkeypox and adds seven
‘Narco generals’: Comptroller finds evidence of three police officers
Florida court rejects appeal filed by Ecuador in Isaías case
18.5% of young Ecuadorians neither study nor work
Ecuador is a high-risk country for investment, says the United States
Ecuadorians abroad will be able to vote electronically in 2023
Three oarfish appeared in Ecuador during the last week
Only one of the five cases of monkeypox confirmed in Ecuador is hospitalized

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

Afro associations are credited as providers of state services

Next Story

A judge denied an action in favor of a military; the High Command will not attend the Assembly

SEARCH

LATEST NEWS

Land iguanas reappear in Galapagos and this is the reason

Posted On 08 Aug 2022

UN: Ecuador is the third country in the world that seizes the most drugs

Posted On 08 Aug 2022

Ecuador detects new case of monkeypox and adds seven

Posted On 06 Aug 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net