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AutomakersBrazil, Argentina Brace for Road AheadBrazil, Argentina Brace for Road Ahead
This was to be the year of Brazil's big comeback. Production was set to soar toward the lofty heights of 1997, when domestic automakers built 2.07 million cars, vans and trucks compared with last year's 1.67 million vehicles. The industry pinnacle was reached before the bottom fell out of Asia in 1997, the Russian economy crumpled in 1998 and the drastic free fall of Brazil's currency caused economic
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