This Thursday, (Nov. 8), at the inauguration ceremony of the Salão do Automóvel in São Paulo, President Michel Temer signed the decree dubbed Rota 2030 on new rules for Brazil’s car industry.
Brazil has filed a notice of appeal against the panel of World Trade Organization (WTO) that determined the withdrawal of subsidies for national industry sectors. Among them, the subsidies for automotive industry concerning Inovar-Auto program.