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07 Sep
01:00

Brazil auto output down again in August, exports up

Brazilian automotive exports keep growing while domestic production continues to fall due to the country’s economic depression and low confidence of investors, Kallanish learns from Brazilian automotive manufacturers group Anfavea. However, according to Anfavea president Luiz Moan Yabiku Junior, the investment plan developed by the Bank of Brazil and state-owned financial institution Caixa Economica Federal will stimulate both local demand an…
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