Brazil: JLR puts plans for Brazil plant on hold

Jaguar Land Rover (JLR) has postponed plans to set up a new plant in Brazil, citing tax changes and a slowing demand. The uncertainty concerning Brazil's industrial policy stems from a sharp rise in import tariffs and other changes to automotive sector regulations. "There is no clarity in terms of policy Subscribe to Automotive World … Continued

• By Webmaster
• June 1, 2012