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Chinese automaker announces US$1.96 billion investment in Brazil

RIO DE JANEIRO, BRAZIL - Great Wall Motor (GWM), the largest Chinese carmaker with 100% private capital, announced today, March 16, an investment of R$10 billion (US$1.96 billion) until 2032 in Brazil, being R$4 billion until 2025.

The company's plant in Brazil, which previously belonged to Mercedes-Benz, is . . .

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