FRANKFURT (Reuters) -- Daimler plans to build a new plant in Brazil as rising taxes on foreign vehicles make it more difficult to sell imported cars in the country, a magazine reported.
FRANKFURT (Reuters) -- Daimler plans to build a new plant in Brazil as rising taxes on foreign vehicles make it more difficult to sell imported cars in the country, a magazine reported.
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.