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Renault announces R$1.1 billion investment in Brazil

RIO DE JANEIRO, BRAZIL - On Monday, March 1st, Renault announced that it will invest R$1.1 billion (US$197 million) in Brazil this year and in 2022. Unlike past years, when the programs were set for five-year terms, this time the company decided for the short-term and will continue to negotiate with the parent company contributions for the following years. However, the company says that a new investment cycle will depend on the . . .

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