BRAZIL FACES BOOM IN AUTO PRODUCTION
April 1st, 2013
WITH the Brazilian government actively deterring automotive imports and working to encourage the construction of auto plants on Brazilian soil, domestic and international car companies are setting up new plants in Brazil at a steady clip.The country is already the world’s seventh largest automotive producer. In 2012, it produced 3.6 million automobiles, according to Brazil's Automotive Vehicles Distributor National Federation (Fenabrave).Growth will continue according to Ademar Cantero, director of institutional relations for the National Association of ...
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