Plan to help Brazil's car makers seen this year

Newswire

SAO PAULO, Brazil, July 28 (Reuters) - A government plan to kick-start Brazil's stalled auto sector should be implemented this year and include tax credits for car makers and cheaper financing for consumers, the country's planning minister said on Monday. The measures are aimed at reversing a sharp downturn in auto sales in Brazil that have led to a recent round of job cuts at automakers such as Germany's Volkswagen AG . "There are some legal and tax details" that need to be worked out, ...

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