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Article: BRAZIL: ENGINE FACTORY TO EXPORT 50% MORE.
- Article from:
- IPR Strategic Business Information Database
- Article date:
- July 15, 2008
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according to anba: MWM International Motors plans to expand exports by 50% this year. Company revenues with foreign sales should reach US$ 263 million in 2008, mainly due to the entry into new markets like China, India, the United States and Mexico. This information was disclosed by a spokesperson for the company. The organisation is headquartered in Brazil and is a subsidiary of Navistar International, from the United States. The company is the leader in technology and development of diesel engines in Latin America. Last year, exports reached 22,700 vehicles equipped with MWM engines. When adding indirect exports, the figure rises to 51,200 engines on the foreign market, ...