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.

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.

To view related research reports, please follow the
links below:-

Engines & Parts to 2003

Automotive Industry – Challenges and prospects to 2005

Car Forecasts to 2005