您现在的位置是:7 x 1 1 k y 1 9 b m l w i 2 6 3 m 3 4 d f a z 7 z h > Entertainment
【4life ingresa estados unidos】GM and Sao Paulo in talks to invest 9 billion reais for tax breaks - report
7 x 1 1 k y 1 9 b m l w i 2 6 3 m 3 4 d f a z 7 z h2024-09-29 08:15:29【Entertainment】4人已围观
简介SAO PAULO (Reuters) - Automaker General Motors Co is in talks to invest 9 billion reais (2 billion p 4life ingresa estados unidos
SAO PAULO (Reuters) - Automaker General Motors Co is 4life ingresa estados unidosin talks to invest 9 billion reais (2 billion pounds) in the Brazilian state of Sao Paulo over the next three years in return for tax incentives, newspaper Valor Economico reported on Friday.
GM has in recent weeks warned its employees in Brazil that "sacrifices" would be necessary for the company to return to profit in the country, raising concerns about layoffs or shuttered assembly lines. Last month, the carmaker told public officials and unions it was in talks with Sao Paulo state about tax incentives.
Valor reported that GM would invest in its product line until 2022, and then the following year, the company would start to enjoy tax rebates. Valor, which also reported that GM's losses in Brazil last year totalled 1 billion reais despite being the country's market leader, did not specify the exact amount GM would expect to generate in tax incentives.
GM declined to comment.
Last year, Brazil's government granted carmakers a 15-year package of tax breaks – extending subsidies for an industry that has struggled to compete directly with production elsewhere despite high import barriers.
Economy Minister Paulo Guedes, who took office as part of a new business-friendly federal government this month, has said Brazil cannot afford to keep subsidizing powerful industries, arguing that an end to protectionist policies will make the economy more competitive.
(Reporting by Tatiana Bautzer; editing by David Evans and Chizu Nomiyama)
View comments
很赞哦!(822)
相关文章
- Bullish Near-Term Prospects for Insurance Brokerage Industry
- Is Changan Minsheng APLL Logistics Co., Ltd.’s (HKG:1292) CEO Salary Justified?
- Sientra to Present at the William Blair 40th Annual Growth Stock Conference
- Global Compression Garments Market – Analysis By Product Type, By End User, By Region, By Country (2020 Edition): Market Insights, COVID-19 Impact, Competition and Forecast (2020-2025)
- Visa's (V) Program to Aid Asia Pacific Startups Thrive Globally
- ESSA Bank & Trust Forms Relationship with Ameriprise Financial to Expand Financial Planning and Investment Services
- Cara Therapeutics to Announce First Quarter 2020 Financial Results on May 11, 2020
- X-ray Tube Market - Growth, Trends, Forecasts (2020 - 2025)
- Realogy Holdings Corp.'s (NYSE:RLGY) Intrinsic Value Is Potentially 88% Above Its Share Price
- Why Foundation Building Materials (FBM) Could Be an Impressive Growth Stock
热门文章
- Margaux Resources Announces Collaboration with GoldSpot Discoveries and Spring Work Program on Cassiar Gold Project
- RTX CLASS ACTION FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Raytheon Technologies Corporation
- Customer Data Reveals Shift in Peak Online Shopping Hours
- What Kind Of Investors Own Most Of IBI Group Inc. (TSE:IBG)?
站长推荐
Manganese X Receives Eligibility for DTC Trading in the U.S.
Tembo Gold Adds 70 km2 Adjoining Bulyanhulu and Provides Prospecting Licence Update
Will AudioEye Continue to Surge Higher?
Asian Shares Lower as US-China Tensions Weigh on Investor Sentiment
Insider Buying: The Domino's Pizza Group plc (LON:DOM) CEO & Director Just Bought UK£201k Worth Of Shares
Drone Delivery Canada Begins Flights For First Paying Customer
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Personalis, Inc. - PSNL
Is AquaBounty Technologies (NASDAQ:AQB) Using Too Much Debt?
友情链接
- Boasting A 22% Return On Equity, Is Triveni Turbine Limited (NSE:TRITURBINE) A Top Quality Stock?
- Morgan Stanley: Moderna Has Significant Competitive Advantage
- Jet Airways defaults on debt payment to banks, shares drop
- 3 Hotel Stocks Likely to Beat Estimates in Q1 Earnings
- Investor Network Invites You to the 3D Systems Second Quarter 2017 Earnings Conference Call and Webcast Live on Wednesday, August 2, 2017
- What's in a name? Islamic banking rebrands in attempt to go mainstream
- Nikkei rises to highest since mid-Dec, but Nomura, Nintendo drag
- S.Korea Dec exports in surprise fall as global economy cools amid China-U.S. dispute
- Wal-Mart Stores, Inc. Is Banking on 'Star Wars' Magic, Layaway This Season (WMT)
- This Original Movie Is a Smash Hit for Netflix