SAO PAULO - General Motors plans yet another plant in Brazil, apparently for a sport-utility.
Few details are known. General Motors do Brasil wants to take advantage of an extremely generous incentive package offered by poor northeastern states in Brazil. The offer ran out 31 May. GM registered its intentions with the appropriate agencies on 29 May.
A spokesman in Europe said GM does not talk about future projects for competitive reasons.
GM has not yet chosen a plant location. The choices are the states of Bahai, Ceara or Bernambuco, all about 2,500km from the main industrial areas near Sao Paulo.
Sources in Brazil and Europe said GM intends to spend $160 million on the plant, which would have a capacity of 50,000 units a year.
The product is believed to be a version of the Suzuki Vitara.
General Motors sells a version in the US called the Geo Tracker. The Tracker is built by a Suzuki-GM joint venture, CAMI, at a plant in Canada.