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Brazil s Suzano readies $15 billion bid for International Paper, sources say

Brazil s Suzano readies $15 billion bid for International Paper, sources say
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Brazil sustainability rules should not make cars more expensive, Volkswagen says

Brazil sustainability rules should not make cars more expensive, Volkswagen says
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Brazil sustainability rules should not make cars more expensive, Volkswagen says

Brazil's new incentive program to promote investment in sustainability by the country's auto sector needs to avoid making vehicles more expensive, Volkswagen's head of Brazil Ciro Possobom said. Late last year, the Brazilian government introduced general guidelines for its Mover automotive program, which is set to give tax breaks to automakers that invest in sustainability and establish new obligations to reduce the industry's environmental impact. Earlier this month, Volkswagen announced an additional $1.8 billion to be invested in the country between 2026 and 2028, with a large part of it going towards new vehicles, including hybrids and electric models.

Brazil electric, hybrid car sales to grow by 60% in 2024, says industry group

Sales of fully electric and hybrid vehicles in Brazil are expected to rise by 60% this year from 2023, local industry group ABVE said on Friday. ABVE, which represents electric.

Brazil electric, hybrid car sales to grow by 60% in 2024, says industry group

Sales of fully electric and hybrid vehicles in Brazil are expected to rise by 60% this year from 2023, local industry group ABVE said on Friday. ABVE, which represents electric.

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