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Brazil & Southern Cone - October 2011 (ISSN 1741-4431)

BRAZIL: Why is there so much investment in Brazil’s car industry?

International vehicle manufacturers are almost falling over themselves to invest in Brazil. The latest executive to announce major projects was Carlos Ghosn, the president of Nissan-Renault. After meeting President Dilma Rousseff on 1 October, Ghnosn confirmed that Renault would expand its plant in Brazil while Nissan would build its first plant in the country.

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