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Jaguar Land Rover to Open Factory in Brazil

By Laura Madden, Contributing Reporter

RIO DE JANEIRO, BRAZIL - After months of speculation, Jaguar Land Rover (JLR) CEO Ralph Speth in January confirmed plans to build a factory in Brazil. This, just after the sixth largest economy in the world announced that its automotive industry beat its own sales record for the fifth year running.

"Brazil and the rest of South America is a very interesting market. It is also an emerging market, growing very aggressively," Mr. Speth told Dow . . .

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