SOL PAULO – A recent PriceWaterhouse study predicts Brazil’s auto industry could produce 5 million vehicles annually by 2012, based on the present-day rosy scenario. Worst case, output would reach 3.72 million units in the period, says Marcos de Almeida, company partner responsible for the automotive sector in Latin America. The study predicts the auto industry worldwide could build 12.6 million more vehicles by 2012, based on 2006 statistics. Most of the expansion would occur in the ...

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