SAO PAULO – Analysts once predicted Brazil would be the fifth largest automotive producer in the world by the year 2002, however, the country is stalled in 10th place. Due to an automotive crisis, Brazil no longer expects to repeat the 1.8 million-unit production of last year. Ford Motor Co.’s Amazon factory in Bahia, for example, was to produce 250,000 units annually, but the number has been reduced to 90,000 units. The plant was to operate on three shifts, but has downscaled to one ...
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