GM sees flat sales in Brazil

|By:, SA News Editor

General Motors (GM -2.1%) expects its vehicle sales in Brazil in 2014 to be at roughly the same level as a year ago.

The Brazilian automobile market has disappointed global automakers that made big bets in the region recently. Last year, total sales declined to 3.77M.

Execs with GM say they are still optimistic about Brazil's economic situation and say the company will keep its investment program in place.