Mexican auto exports to Brazil will be limited within the next three years
The Mexican auto exports to Brazil, the biggest economy in Latin America, will be limited within the next three years. Mexico has agreed to reduce the exports to Brazil over the next... Read more
Brazil to ease a tax increase charged on imported cars
To hasten investments in Brazil, its government will ease by this March a tax increase imposed on imported cars for automakers investing to construct local assembly plants. Mauro Borges... Read more
Ford files lawsuit against Nissan in Brazil over controversial TV ad
A criminal lawsuit was filed by the Brazilian unit of Ford Motor Co. against the local management of Nissan Motor Co. for its TV commercial that claims that it’s charging too much for its... Read more
BMW considering plan to put up car assembly plant in Brazil
BMW considers Brazil to be a significant market with economic importance, which is why the carmaker is thinking about shifting its car assembly to the country. Doing this will diversify... Read more
Global automakers such as Ford will invest up to $11.2 billion in Brazil
Investments of up to $11.2 billion will enter Brazil over the next two years, according to Cledorvino Bellini, the president of industry group Anfavea. Bellini said that investments will... Read more
Ford unveiled plans to build a small SUV in Brazil
Ford Motor Co.'s investment in Brazil to build a small SUV has been raised to 4.5 billion reais from the 4 billion reais it announced in November. The 5-year program seeks to produce the... Read more
GM planning to sell cars in China and Brazil
GM is taking advantage since it rose again from the ashes and is catching up with big plans of smart expansion in the two most attractive markets at the moment, China and Brazil. After... Read more
Brazil has overtaken Italy, Fiat’s home market
For the first time in its 111-year sales history, Brazil has overtaken Italy, Fiat S.p.A.'s home market, to claim the No. 1 spot in 2009. In 2009, Fiat Group Automobiles sold almost... Read more
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