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Article: ENGINE FACTORY TO EXPORT 50% MORE
- Article from:
- Info-Prod Research (Middle East)
- Article date:
- July 15, 2008
CopyrightCopyright 2008 Info-Prod Research (Middle East). Provided by ProQuest LLC. (Hide copyright information)
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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, 42% of the total ...