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GM, Sao Paulo in talks to invest USD 2.5 billion in exchange for tax breaks
General Motors is reportedly in talks to invest USD 2.5 billion (BRL 9 billion) in the Brazilian state of Sao Paulo over the next three years in return for tax incentives.
According to local media reports, GM would invest in its product line until 2022, after which it would receive tax rebates.
GM had been warning it....
According to local media reports, GM would invest in its product line until 2022, after which it would receive tax rebates.
GM had been warning it....
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