SAO PAULO – Renault SA may build a new car in Brazil that is under development in France, says Pierre Poupel, president of Renault in Brazil. Poupel made the announcement during a recent visit with Luiz Fernando Furlan, Brazil’s minister of industry and commerce. The French auto maker will make a final decision within two months, he says. Other countries in the running are Spain and Mexico. Investment in the new model is estimated at $100 million-$150 million. Industry observers ...
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