SAO PAULO – General Motors do Brasil Ltda. is discovering the best way to reduce losses when exchange rates are unfavorable is to ship its export vehicles as complete-knocked-down (CKD) kits. GM Brazil is the only domestic auto maker here to use one plant exclusively to package CKD kits. The factory, located in Sao Jose dos Campos, exports Corsa, Astra and Montana models. Chevrolet Celta The auto maker’s recently saw a deal to ship 11,000 cars fall through with Mexico, its largest ...
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