SAO PAULO – DaimlerChrysler do Brasil Ltda. projects revenues this year at $1.7 billion, up 15.5% from year-ago – with 30% coming from exports. Company President Ben van Schaik says he expects only another 5% growth in 2004. “Next year will be a great challenge,” he says. “The dollar and inflation are stable, but the economic growth will depend on the drop in the interest rate, which is still very high.” The government recently reduced its interbank interest rate level from 25% to 20%, ...
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