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The conservative São Paulo state government announces US$340 million in investments by Toyota

The governor of São Paulo, the conservative Tarcísio de Freitas, announced the adhesion of Toyota to the ProVeículo Verde Program (Green Vehicle Program).

The initiative encourages the development of less polluting vehicles with the release of accumulated ICMS credits.

The information was disclosed on Wednesday 19 during a ceremony with Governor Tarcísio and Rafael Chang, president of Toyota Brazil.

During the event, R$1.7 billion (US$340 million) in investments were announced, in the wake of the program.

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