BMW is re-evaluating plans to set up a plant in Brazil, due to the recent tax changes, reports Automobilwoche, citing comments from BMW Chief Executive Norbert Reithofer in a recent telephone conference call in Munich. Apparently, Reithofer is not convinced that the investment, under the current circumstances, is necessary.
Plans for …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.