SAO PAULO – Worldwide vehicle production last year grew 5.6% compared with 2003, with South America seeing a 24% increase, surpassing all other continents. So says the International Organization of Vehicle Manufacturers (OICA), which is based in Paris and tracks such data. The group records annual production in 41 countries that have vehicle-manufacturing plants. Brazil, alone, was responsible for 87% of South America’s production, a continent that produced 2.5 million units in 2004. ...
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