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Latin America Boosts US Companies – As the U.S. economy slows down, Latin America is providing an increasingly vital sales boost for U.S. and European multinationals.
Tagged: latin america
Latin America is becoming increasingly important for U.S. and European multinationals as they look for markets to offset weak or declining sales in the United States and Europe.
A Latin Business Chronicle analysis of the 2007 financial results of 25 major U.S. and European companies shows that Latin America grew faster than the companies’ overall expansion. In the case of 14 companies, Latin America accounted for the strongest growth worldwide, while it posted the second-highest growth among seven companies analyzed. The 25 companies range from U.S. giants like Coca-Cola and General Motors to European giants like InBev and Volkswagen.”*
*From: www.latinbusinesschronicle.com
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Filed Under: 1. Hispanic News, Business, Business News
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