SAO PAULO – Delphi Corp.’s Brazilian subsidiary is concentrating on finding local suppliers. Fernando Pereira, purchasing director, says the company has been investing heavily in local parts, which she attributes to the rise of the U.S. dollar in Brazil, which now is worth nearly four times that of the local currency, the falling real. Of the 10,000 components Delphi uses in Brazil, one-half now is produced in the country. Pereira says the nationalization process is vital, as ...
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