Brazil's Fiat Automoveis SA recorded $3.9 billion in revenues for the year's first nine months, a 16.8% increase over like-2005. The auto maker's sales results represented 63% of total revenues for parent company Fiat Group. Fiat's Brazilian operation is the group's second largest after Italy. Fiat arrived in Brazil in the mid-1970s and set up operations in Betim, in a joint venture with the state of Minas Gerais.

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