Brazilian car-parts industry recovers SAO PAULO — The Brazilian car-parts industry reports net revenues of US$900 million in the first half of the year, up 10% from the same period last year. Gross profits, however, declined by 34%, while profits rose 37% in the same period. The results were due to the increase in auto production that jumped 24% to 801,000 vehicles in the year's first half. VW produces engine SAO PAULO — Volkswagen AG is building a 1.0L turbo engine with 16-valves at ...
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