"Separately, GM Chairman and CEO Rick Wagoner visited GM's Brazil and Argentina operations this week and called Brazil's flex-fuel efforts "visionary." All GM products now manufactured in Brazil are flexible-fuel compatible, and Wagoner said half of GM's U.S. production will be flex-fuel by 2012. The automaker announced this week that it will invest $500 million to bring out a new small-car product lineup in South America."
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