Brazil: Increased import tax seen to hit JAC

The Brazilian government's move to raise tax on cars with a high level of imported components, in order to protect its local OEMs from cheap imports, could affect Jianghuai Automobile's (JAC Motors) plans in the South American country. The raising of the government's industrial products tax on cars by 30 percentage Subscribe to Automotive World … Continued

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• September 22, 2011