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Brazilian government announces USD 2.2 billion investment by Toyota

On March 4, the vice president of Brazil, Geraldo Alckmin, announced that Toyota will invest BRL 11 billion (approx. USD 2.2 billion) in the country in the following years.
This investment will generate 2,000 new jobs and is expected to be used for the launch of new models.
“It is a clear demonstration of the confide....

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