Brazil approves taxation breaks for Ford, Fiat, other automakers

Amadeo09 Nov, 2018News

BRASILIA � Brazil�s President Michel Temer on Thursday sealed into law hundreds of millions of dollars in incentives for automakers such as General Motors Co and Volkswagen to furnish locally and continue building engines that run on both gasoline and ethanol. The plan, famous as Rota 2030, replaces a prior package of taxation exemptions famous