Lula returns home to brag about investments in Brazil's automobile industry. Lula wants the industry to recover the strength of the time when it was the great engine of the economy.
“Employment is the basis of everything we want to build,” Lula proclaimed before a staff that welcomed him like a rock star. The Volkswagen commitment caps a wave of announcements that includes $1.4 billion pledged by the American General Motors and $600 million from China's BYD, the electric car giant.