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Vw, Gm, Toyota and Stellantis Send a Letter to Lula Against the Request of Byd

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The most important motor vehicles in the neighbouring country sent a letter to President Lula informing him of their dissatisfaction with the possibility that they would approve incentives for imported components to assemble locally, at the request of BYD. They warn against job losses and technological dependence.

Brazil (DF), 01/07/2025 - President Luiz Inácio Lula da Silva participated in the launch of Plano Safra 2025/26 in the Palácio do Planalto. Photo: Marcelo Camargo/Agenzia Brasil The Presidents of the four largest Mounters operating in Brazil sent a joint letter to President Luiz Inácio Lula da Silva (PT) on 15 June warning about the negative effects of a measure to be taken by the federal government. The plan, coordinated by the House Civil unde…

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UOL broke the news in Brazil on Monday, July 28, 2025.
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