Brand will inject R$100m to modernize assembly line with new machines, tools and systems 06/30/2022 Audi had halted activities in Brazil for over a year — Foto: Reprodução/Instagram Audi unveiled Wednesday morning an investment of R$100 million to resume vehicle production in São José dos Pinhais, Paraná. The decision to make cars again in Brazil […]
Auction is expected to draw at least one bidder after postponement, revamp 06/30/2022 Five groups mull taking part in the federal auction that will choose a company or consortium to build a beltway around Belo Horizonte, the capital city of Minas Gerais, through a public-private partnership. Acciona, Sacyr, China Railway Construction Corporation (CRCC), ECB (a […]
Government measure reduces taxes to up to 16% from 35% 06/30/2022 The cars produced in Brazil may have lower local sourcing rate. The country is still far from the electrification drive underway in developed countries, and a recent measure of the federal government has accelerated the decline of manufacturing. A resolution from the executive management […]