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SAO PAULO (Reuters) - Brazilian miner Vale sees no indication of any environmental or social breach at two of its mines in Para state that had their operating licences suspended this week, Vale Base Metals chair Mark Cutifani said on Friday. Speaki...
Automaker Hyundai Motor is planning to invest more than $1.1 billion in Brazil by 2032, Brazilian President Luiz Inacio Lula da Silva said on Thursday. The announcement came after a meeting between Lula and Hyundai's Executive Chair, Euisun Chung, in Brasilia. The investment would be focused on technology, in particular hybrid, electric and green hydrogen cars, said a statement from the presidential office.
SAO PAULO (Reuters) - Automaker Hyundai Motor is planning to invest more than $1.1 billion in Brazil by 2032, Brazilian President Luiz Inacio Lula da ...
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...
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. ...