Brazil

BMW joins Mercedes defying Brazil auto-market decline

April 29, 2014 06:01 CET
Brazil's anemic auto market is getting a boost from affluent motorists buying Mercedes and BMW cars. The premium segment grew 32 percent in the first quarter amid total vehicle sales that fell 5 percent....
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VW to lay off 900 workers in Brazil

April 25, 2014 07:33 CET
VW will lay off about 900 workers at two Brazilian plants in response to sluggish demand for cars in Latin America's largest economy....
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Renault invests 240 million euros in Brazil

April 17, 2014 17:26 CET
Renault will invest 240 million euros ($331 million) to build additional vehicle models and a new logistics centre in Brazil....
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Ghosn sees 'bright spots' for carmakers as Europe revives

April 16, 2014 07:23 CET
Global carmakers will see rising demand this year as sales in China and the United States expand and Europe starts to grow again, Renault-Nissan CEO Carlos Ghosn said....
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PSA and Dongfeng may cooperate in Russia, Brazil

March 28, 2014 11:20 CET
Dongfeng Motor Chairman Xu Ping said his company's cooperation with PSA could be expanded to include Brazil and Russia, two regions where the French automaker must improve its financial performance....
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Volkswagen seeks clarification over Hyundai World Cup promotion

March 13, 2014 17:08 CET
Volkswagen, the sponsor of Brazil's soccer team, has contacted the country's soccer federation for clarification over a promotion by Hyundai linked to the team's performance at this year's World Cup....
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Fiat-Chrysler expects new plant to boost Brazil profitability

March 7, 2014 10:18 CET
Fiat Chrysler Automobiles expects a new plant in Brazil to boost its profitability in that market by 2017 after a cut to subsidies and currency effects hit profits there last year....
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