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Wednesday, December 15, 2010

New Law in Brazil Means More $$ for GPS Companies

By the end of 2011, all new vehicles in Brazil will be required to have a GPS-based tracking system installed. Ituran Location & Control Ltd. and others may make a few more dollars along the way. Ituran’s second largest chunk of income comes from Brazil. The largest part comes from Israel.

- Forbes Blog

by Adena Schutzberg on 12/15 at 07:22 AM | Comments | Bookmark and Share

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