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from a report in the "Car Connection":

"DC's Chrysler division is the only American brand in Brazil to perform well among imports. The numbers are quite small indeed because of heavy import and excise taxation and also due to a clear preference for European brands. But in this first half-year, Chrysler, Dodge and Jeep showed a growth of 150 percent over the same period in 2004. Through the end of 2005 DC expects to sell 1750 units, a three-fold increase over last year's numbers. The Dodge Ram sold well above forecasts, in spite of being far more expensive than the locally produced F250. Lower retail prices, thanks to the Brazilian currency valuation vs. the dollar, is helping to recover imports' sales... Brazilian exports keep setting records month after month, thus boosting production. Projected numbers lie between 700,000 and 750,000 FBU and CKD units, which will move the country up in the world ranking of exporting countries to 11th overall, leaving Italy behind. The U.S. exported 1.7 million units in 2004. On the other hand, Brazilian imports are growing also, to 80,000 units, ranking 15th. The U.S. is the top importer in the world, at approximately 7 million units yearly... Ray Young, president for both GM do Brazil and Argentina, has commented that the company is considering a low-priced, entry-level model for emerging countries by making use of the structure of the Tech Center in São Caetano do Sul, SP. It is supposed to be a less costly and even more basic car than the Celta. Although he has not conclusively affirmed the project, there is a belief that his plan equals that of Volkswagen AG in assigning the Brazilian subsidiary a similar design with India and others in mind."
 
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