venezuela

List of News and Information about venezuela on 4WheelsNews.com

News and Information about venezuela

Read the latest news and information about venezuela published on 4WheelsNews.com! View comments and pictures about venezuela on 4WheelsNews.com!

You also might be interested: toyota

Venezuela’s President Hugo Chavez threatens to expel Toyota

The scarcity of all-terrain models to serve people in under-privileged areas caused Venezuela's President Hugo Chavez to turn on Toyota, the world's biggest automaker, which he threatened to expel unless it fills this requirement. Chavez is demanding for Toyota to produce an all-terrain model of 4x4 vehicles to be used for public transport in poor and rural areas.

In a speech made last week, Chavez said that he would not hesitate to expel and expropriate plants from other Asian and U.S. automobile companies operating in Venezuela if they failed to share technology with locals.

In addition, Chavez remarked that the country must force Toyota to make the rustic model.

Read the entire article Venezuela’s President Hugo Chavez threatens to expel Toyota