SAO PAULO — Even though the market is showing only slight signs of improvement, Renault SA says it will build a light commercial vehicle (LCV) plant in Brazil. It will be the company's third new Brazilian plant in a year. The automaker will invest US$100 million in the new facility, which will be built in Sao Jose dos Pinhais and will employ 400 to 500 people. It is expected to open by the end of next year and will have a 50,000-unit capacity. At startup, it will assemble Master vans at a ...
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