TradeNotableConfirmed
6.1
Renault-Geely deepen Brazil alliance with $319M EV investment
ExpansiónLO·BR · CN · FR·4 days ago
The influx of Chinese cars in Brazil is now depressing prices of used compact SUVs, extending a price war that began with medium-sized semi-new SUVs. This signals intensifying competitive pressure on domestic and legacy automakers, with potential implications for trade flows and local manufacturing.