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AUTO NEWS – Toyota Accepting Corn As Fee For Pickup Vehicles In Brazil

Toyota Accepting Corn As Fee For Pickup Vehicles In Brazil

With the worldwide economic system lately taking a knockout blow because of the international pandemic, some imagine that capitalism as we all know it may be drawing to an in depth. As unlikely as this appears, huge adjustments within the international monetary system are going down. A number of months again Tesla CEO Elon Musk promised clients the power to purchase Tesla automobiles with Bitcoin, however shortly reneged on that. Now there’s an much more radical fee choice from Toyota in Brazil. The Japanese automobile producer will permit farmers to pay for a model new Toyota Hilux – the overseas equal to the US Toyota Tacoma – in corn or soy. The buying and selling program, named Toyota Barter, has been working since 2019, and as Brazil’s banks tighten borrowing necessities as a consequence of excessive inflation and stagnant progress, The demand for these kind of commerce offers has skyrocketed.

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AUTO NEWS – Toyota Accepting Corn As Fee For Pickup Vehicles In Brazil
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