JAC to build new plant in Brazil
www.chinatrucks.com: JAC Motors has declears that they will invest 600 million USD to build a new plant in Brazil recently.
The plant is going to start to produce vehicles in 2014 with annual output about 100,000 units. During the past three months they have spent 244 billion USD to set JAC brand image, said Sergio Habib, general distributor of JAC in Brazil.
Habib Company plans to win 3% shares of markets by start TV commercial advertisement when the 46 shops opened.
Brazil is an importment market for JAC, and their sales of vehicles last year increased by 7.5%. There are 25% more middle class citizens in Brazil, which demonstrates a enormous auto markets.
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