Maxion
International Motores will invest $US15 million this year launching new locally-made
diesel engines, writes Rogério Louro Alves.

The first engine, a 2.8-litre unit developing 135 hp, will debut in May.

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The company expects sales to grow eight percent in 2001 after selling engines
worth $US275 million last year.

Maxion plans to invest $US50 million in its plants in Brazil and Argentina
over the next five years.






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links below:-

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Automotive Industry – Challenges and prospects to 2005


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