Workers assemble cars at the Nissan plant in Resende, Brazil, during February 2015. Most major automakers have factories in Brazil and Argentina. The assembly line of the March and Versa models at Nissan's Industrial Complex in Resende, 160 km west of Rio de Janeiro, Brazil, on Februrary 3, 2015. The Nissan plant in Brazil will be able to produce 200,000 cars and utility vehicles per year. The company aims to achieve 5 percent of the market share by 2016 in Brazil, the fourth largest automotive market in the world.
The South American trade bloc, known for its big import fees, has been slowly moving to open up its automotive sector....
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