RIO DE JANEIRO (Reuters) -- Jaguar Land Rover has confirmed it plans to invest 750 million reais ($318 million) to build a factory in Brazil with a capacity of 24,000 vehicles a year.
RIO DE JANEIRO (Reuters) -- Jaguar Land Rover has confirmed it plans to invest 750 million reais ($318 million) to build a factory in Brazil with a capacity of 24,000 vehicles a year.
Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.