..Chinese automaker to produce cars in Brazil

[Judi Lynn]

Source: Associated Press

..Chinese automaker to produce cars in Brazil
AP – 17 mins ago
..

SAO PAULO (AP) — China's JAC Motors says it will start making cars in Latin America's biggest country in 2014.

The automaker says it will build a $600 million plant with an annual production capacity of 100,000 units.

JAC press officer Fabricio Migues says neither the location of the factory nor the models to be built have been defined.

Migues says the new plant will be built and operated in a 50-50 partnership with SHC, the company that imports JAC's vehicles to Brazil.

Read more: http://news.yahoo.com/chinese-automaker-produce-cars-brazil-164216173.html

[valerief]

1. Just like America! nt

[snooper2]

2. Good, maybe they'll be able to find somebody creative enough there as well

to help them with some design...That way they won't have to rip off all the other manufacturers

[Judi Lynn]

3. First Chinese car image I've seen. Thanks so much for posting it. n/t

[jmowreader]

5. You mean all the other brands of cars don't look alike?

[Commie Pinko Dirtbag]

9. Ha! +1.

:thumbsup:

[BNJMN]

6. They even stole the one steering wheel idea! What saps.

:P

[pam4water]

4. Notice how half of it will be owned by a Brazilian company so not all the profit will flow out of

the country. The US most of the country winning the trade wars force part ownership of companies started by foreign investments. Or and equivalent there of.

[flvegan]

7. My condolences to Mexico and South Africa.

Since that's where most of that crap is destined to go.

[robcon]

8. Great news. The internationalization of trade is the best source of prosperity/peace in the world.

I think all nations should trade freely with all other nations.

[Commie Pinko Dirtbag]

10. It's nice to know you're enthusiastically against the Cuban embargo.

:thumbsup:

Edit: ...AND free movement of labor. After all, that's trade too.