BMW Official Meets Brazil’s Rousseff Amid Investment Expectation

Brazil’s President Dilma Rousseff will meet with officials from Bayerische Motoren Werke AG today following reports the German carmaker is preparing to invest in a new assembly plant.

BMW will build the factory in the southern state of Santa Catarina, the state government said in a statement posted on its website today. The company did not immediately respond to e-mails and telephone requests for comment from Bloomberg News.