BRAZIL: Fiat do Brasil to export vehicles to Mexico
Fiat is planning to launch onto the Mexican market. The Fiat sales will start in the first half of 2003 and the vehicles will be supplied by Fiat do Brasil. The move is a result of the automotive bilateral trade agreement signed between Brazil and Mexico in July. Prior to the agreement, Mexican law prohibited the importation of vehicles by automakers without factories in the country. But the agreement cancelled that law.
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