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 …
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Jair Bolsonaro
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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 …
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Volkswagen AG stated on Monday it will keep its plants in Brazil, South America’s top auto producer, closed through the end of the month, but that a decision has not …
- General Motors
General Motors plans to extend shutdown of Brazil production by 60 days
by SpeedLuxby SpeedLuxGeneral Motors prepares to keep its Brazilian factories closed for at least 60 more days because of the spread of the coronavirus, the company stated Thursday, as the final batch …