27 December 2011

BOLIVIA / BRASIL : La Paz's New Stolen Auto Law Upsets Brasilia.


     A law that allows stolen vehicles to be legalized in Bolivia has been approved.
     The 'ley de chutos' could affect more than 100,000 illegal cars...about 10% of all vehicles.
     The law upsets Brasil...because it cannot find 53% of the cars that are stolen from there.
     Many are believed to be in Bolivia and Paraguay.
     La Paz expects to reap $200mn...from new owners who must pay $2,000 to legalize each vehicle.