SAO PAULO – The Brazilian government plans to end its tax incentives for vehicle manufacturers at the end of the first quarter, and auto makers are bulking up their inventories. The National Vehicle Manufacturers Assn. (Anfavea) says based on daily sales, Brazil’s vehicle plants had a combined 36-day inventory in January, compared with 26 days in December. Auto makers reportedly produced 234,400 vehicles in January, up 31.6% from prior-year. Light-vehicle sales fell 27.5% in January, ...
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