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Brazil

GAC confirms USD 300 million investment increase in Brazil

May 13, 2025

On May 12, it was reported that Chinese automaker GAC Motor confirmed a USD 300 million investment increase in Brazil, adding to the USD 1 billion previously announced for local vehicle production and an R&D center in the Northeast by 2030.
During a meeting in Beijing with Brazilian President Luiz Inácio Lula da Silv....

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