Browsing: Economy

Project involves US$ 150 million in investment and is being discussed by the German automaker, its representative in the market and the Algerian government. Renault is also considering a unit there.

In 2010, 3.33 million passenger and light cargo vehicles were sold in Brazil. This year, the National Federation of Motor Vehicle Distributors is expecting automobile sales to increase by 4.2%.

The educational toys made by Gamar are already spread all over Brazil and also over nine countries in Europe. Now, the company plans to increase exports by 20%.

Analysts have maintained their economic growth projection for this year. According to the Central Bank, the expected growth in industrial output has gone from 5.31% to 5.30%.