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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
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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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.

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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...

China , Sao-paulo , Sãpaulo , Brazil , Chinese , Matthew-lewis , Alberto-alerigi-jr , Reuters , Great-wall-motor-co , Alberto-alerigi , Sao-paulo-writing , Andre-romani-editing

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...

Sao-paulo , Sãpaulo , Brazil , China , Chinese , Matthew-lewis , Alberto-alerigi-jr , Reuters , Great-wall-motor-co , Alberto-alerigi , Sao-paulo-writing , Andre-romani-editing

Hundreds of thousands still without power days after storm hits Brazil's largest city

Hundreds of thousands still without power days after storm hits Brazil's largest city
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Storm In Brazil Leaves 5 Lakh People In Sao Paulo Without Power For 3 Days

Storm In Brazil Leaves 5 Lakh People In Sao Paulo Without Power For 3 Days
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

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GM workers in Brazil go on strike in protest against layoffs

Metalworkers at Brazilian
plants of General Motors have voted to go on strike
starting Monday in protest against layoffs carried out by the
U.S.-based automaker in the country, according to a union...

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Brazil's Sao Paulo state sweetens railway concession proposal, delays auction | WKZO | Everything Kalamazoo

(Reuters) - Brazil's Sao Paulo state on Saturday sweetened the concession for the construction of a railway line connecting its capital to the city of...

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Brazil auto exports to plunge this year as Argentina crisis hits hard

Brazilian auto exports are set to plunge by double digits in 2023 when compared with the previous year, automaker association Anfavea said on Friday, as a severe economic crisis in neighboring...
-October 06, 2023 at 12:14 pm EDT
- MarketScreener

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Brazil auto exports to plunge this year as Argentina crisis hits hard

By Alberto Alerigi SAO PAULO (Reuters) - Brazilian auto exports are set to plunge by double digits in 2023 when compared with the previous year, autom...

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