BMW plans to build a new assembly plant in Brazil, to capitalize on the growing market for luxury cars in Latin America's largest economy.
BMW chief financial officer Friedrich Eichiner told ...
PSA Peugeot Citroen and General Motors are planning to build small cars in Brazil in a joint effort, according to a French union representative.
Bruno Lemerle, a member of the CGT ...
Brazil car manufacturing and sales have reached record levels in August, fueled by government tax breaks.
Sales rose 15.3 percent, while vehicle output increased 10.6 percent in August from July, the ...
Automobile production in Brazil fell in June to 261,333 cars and light commercial vehicles, a 4% drop from the 2011 month.
Auto output dipped 2.6 percent while sales jumped 22.9 percent ...
Brazil on Monday unveiled a series of tax and credit incentives aimed at boosting auto sales in its latest attempt to restore a lost economic boom.
The global economic and financial ...
General Motors Co. (GM) and PSA Peugeot Citroen are evaluating a joint investment totaling 1 billion euros ($1.28 billion) to build a factory in Brazil by the end of this ...
Fiat Auto SpA's commercial director for Brazil said on Tuesday he expected the local car market to grow between 3 percent and 5 percen this year, if not more.
The forecast ...
BMW will build a new factory in Brazil in order to meet global growing demand following record sales this year, the company's CEO announced.
According to Norbert Reithofer, BMW is still ...
Brazil auto sales recorded a 2 percent decrease in November compared with the same month last year but grew 16 percent over October.
The main cause for the slowing market compared ...