Francisco Stefanelli, the president of General Motors de Venezuela (GMV), said that the US corporation will continue investing in Venezuela to expand production capacity and meet customers' needs.

"We are a company that believes in the country," said the president of GMV in his presentation to the press as the head of the US subsidiary in the local market.

During the event, Stefanelli said that GMV will continue working in its two assembly plants located in the state of Carabobo (central Venezuela) to take advantage of local market opportunities and adapt to its needs.

With reporting by Roberto Deniz