BRASILIA (Reuters) -Japanese automaker Honda (NYSE:) will invest 4.2 billion reais ($807.74 million) in its Itirapina plant in Brazil by 2030, an executive said on Friday, adding the company aims to develop a hybrid-flex vehicle in the South American country. Honda’s announcement is the latest in a series of fresh investments by automakers such as Volkswagen (ETR:), General Motors (NYSE:), Stellantis (NYSE:) and Toyota (NYSE:) in Brazil. According to Brazil’s government, investments…
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Honda to invest $808 million in Brazil by 2030 By Reuters
