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BMW Details Plans on Brazilian Factory, will Produce 30,000 Cars Per Year Starting from 2014

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Brazil seems to be the new Eldorado (or Shanghai…) for carmakers, especially those active in the premium segments. The BMW Group is next in line to take advantage of the country's growing economy by building a new manufacturing facility to boost its local sales.

After a meeting with Brazilian President Dilma Rousseff in the capital city of Brasilia, on Monday, BMW board member Ian Robertson confirmed the company's plans.

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