brazil

Audi announced on Wednesday that it will invest 100 million reais ($19.22 million) to resume production at its plant in Parana, Brazil, according to plans revealed in 2021. Initially, the …

Volkswagen workers at its Taubate plant, in Sao Paulo, Brazil approved an agreement allowing an investment of 1 billion reais ($192.97 million) for the production of a new model beginning …

Nissan Motor on Wednesday said it is going to invest 1.3 billion reais ($276.12 million) in its plant located in Resende in the Brazilian state of Rio de Janeiro. The …

Great Wall Motor will invest 11.5 billion yuan ($1.81 billion) over the next decade in building electric vehicles in Brazil where it has acquired a factory from Daimler AG. The Chinese …

Ford Motor will pay approximately 2.5 billion reais ($495 million) to the state of Bahia after deciding to shut its plants in Brazil, according to a report by O Estado …

Volkswagen has finalized a commitment to introduce a new investment cycle in Brazil, the continent’s top auto producer, its chief executive for South America informed Reuters in an interview on Friday. …

General Motors on Monday said it saw no reason to reduce auto production in Brazil due to the coronavirus pandemic, striking a different tone to two other automakers who have …

General Motors said on Friday it would furlough all workers at one of its Brazil plants for 20 days in March due to maintenance and updating of factory lines, resulting …

Brazil’s President Jair Bolsonaro on Tuesday attributed Ford Motor’s decision to close its three plants in Brazil to the end of multibillion-dollar subsidies provided by the government. “What does Ford …

Ford Motor said on Monday it will shut its three plants in Brazil this year and take pretax charges of about $4.1 billion as the COVID-19 pandemic amplified the automaker’s …