Tag: Cledorvino Belini

• Wednesday, September 5th 2012 - 01:01 UTC

  Tax cuts and lower rates help record car sales in Brazil during August: 400.00 units

  

  Brazil car sales rose to a record 400,000 units in August as tax cuts and lower borrowing costs spur consumer spending. Fiat, the country’s biggest automaker, said that tax cuts that took effect in May and were extended last week through October spurred industry sales of cars and light vehicles last month.

• Friday, September 16th 2011 - 07:05 UTC

  Brazil increases tax on cars with high content of imported components

  

  Brazil on Thursday raised a tax on cars with a high content of imported components to protect jobs following a surge in shipments from China and elsewhere that has been fueled by a rally in the currency.