Some news about Anhui Jianghuai Automobile Co, or JAC. The Chinese automaker is looking at expanding its presence in Brazil by building a production plant there, reports say. The Hefei-based company, which made more than 450,000 cars domestically last year and was placed eight last year in terms of output for Chinese auto manufacturers, is already present in Brazil.
It began sales in the country in March this year, and by June had sold more than 20,000 units of its J5 sedan in Brazil. The J6 MPV is due to be introduced into the Brazilain market this month. The new plant is slated to begin production in 2014 and will have an annual production capacity of 100,000 vehicles.
JAC isn’t the only Chinese automaker with grand plans for Brazil – Chery has begun work on its own assembly plant there, and earlier this year, Chonqing Lifan Industry Group stated plans to build a JV assembly plant with Brazilian auto dealer EFFA Motors, the reports add.
© 2011 Paul Tan's Automotive News. All Rights Reserved.
This story originally appeared on Paul Tan's Automotive News on Fri, 05 Aug 11 05:07:48 +0000.
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