The Brazilian automotive industry produced almost 3 million vehicles in 2007 .
"This has reached the Brazilian industry, which was selling almost exclusively abroad."
The change on tariffs is intended to combat inflation by using competition to make goods less expensive and to end some monopolies in Brazilian industry.
Despite a recent radical cut in import tariffs to an average of 14 percent, Brazilian industry has proved to be agile and competitive.
Brazil's growing charcoal, furniture and home construction industries are placing mounting demands on the Brazilian logging industry.
In the 1950s, Brazil started a program of immigration to provide workers for Brazilian industries.
All these contracts come with significant technology transfer and offer considerable participation prospects for the Brazilian industry.
The Brazilian automotive industry began with a Chevrolet, which rolled off the assembly line in 1925.
In a cyclical market the Brazilian industry may rebound.
Brazilian industry has its earliest origin in workshops dating from the beginning of the 19th century.