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Economy & Business - October 2011 (ISSN 1741-7430)

BRAZIL’S CAR INDUSTRY: Booming

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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