Brazil attracts new investment wave

Brazil's car market may be slowing, but Mercosur's largest market is attracting a new wave of investment reflecting the country's positive long-term demand prospects and low manufacturing costs.

BRAZIL: Japan to challenge tax hike

17 October 2011

Japan may challenge a government decision in Brazil to increase taxes on vehicle imports according to the Valor Economico newspaper.

JAPAN: Nissan details new Brazil plant

6 October 2011

Nissan Motor has detailed plans to spend BRL2.6bn (US$1.5bn) on a new car plant in Resende in the Brazilian state of Rio de Janeiro and develop and launch new products.

BRAZIL: Renault adding 100,000 units capacity in 2013

6 October 2011

Renault has announced it will produce an additional 100,000 vehicles a year in its Curitiba, Brazil plant in 2013, creating 1,000 new jobs and boosting annual capacity (passenger cars and LCVs) to about 380,000 units a year.

BRAZIL: VW plans EUR3.4bn plant spend by 2016

5 October 2011

Volkswagen will spend EUR3.4bn by 2016 on its Brazilian plants.

JAPAN: Aisin Seiki readies for Brazilian expansion

5 October 2011

Aisin Seiki has set up a wholly owned subsidiary in Brazil to oversee the operation of its local factory.

GERMANY: BMW to build Brazil plant in Sao Paulo - reports

5 October 2011

BMW will choose Sao Paolo, Brazil's biggest city, as the site for its first car assembly plant in Latin America, German business daily Handelsblatt reported.

BRAZIL: Inteva Products sets date for new manufacturing facility

20 September 2011

Inteva Products has selected 17 November 2011 for the opening ceremony of its new manufacturing facility in Cordeiropolis, Brazil.

BRAZIL: Renault and VW to expand assembly

16 September 2011

Renault and Volkswagen are planning to expand their Brazilian manufacturing operations, at a combined cost of at least US$1.2bn, according to Brazilian newspaper Valor Economico.

BRAZIL: Fiat eyes larger new plant, studies new SUV

16 September 2011

Fiat has revised its plans for building a new car manufacturing plant in the north east, a poor region of the country. The chosen state remains Pernambuco, but now in the city of Goiana instead of Ipojuca. Investment will total R$7.2bn (US$4.4bn) and it is claimed 12,000 jobs will be created, both direct and indirect.