Brazil is currently preparing to implement a new program for the automotive sector, which has been branded as Route 2030. Built on the former Inovar-Auto (Incentive Program for Technological Innovation and Intensification of the Automotive Vehicle Productivity Chain) program which ended in December 2017, the focus will shift from the local to the export market. Goals set for the Inovar-Auto program were aimed at increasing competitiveness, attracting investment and positioning Brazil as a producer of cheaper cars.
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