[uam_ad id="317182"]

SÃO PAULO, BRAZIL - The Brazilian automotive group Caoa reported on Monday, January 13th, that it is studying to build a new plant in the state of São Paulo.

The statement was made after Governor João Doria had anticipated the announcement during a morning event held in the São Paulo capital.

The governor also confirmed that Caoa has officially given up trying to buy the Ford plant in ABC São Paulo, closed since October.

Ford, in turn, said again that there are other "potential buyers interested and engaged in talks regarding the São Bernardo do . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?