BRAZIL: JAC hosts JV ground breaking ceremony
A ground breaking ceremony has been held at the site of the JAC joint venture plant in Brazil.
The US$250m plant will cover 4.7m sq m. Local firm SNS will hold 66% shares while JAC will have the rest.
Annual capacity is 100,000 units and the plant is expected to create about 3,500 direct jobs and 10,000 indirectly. Facilities will include four manufacturing sections, a test track, a research centre and an emissions lab.
Bahia governor Jaques Wagner said he hoped the joint venture would encourage other Chinese companies to come to his state.
JAC launched its first car to Brazil in 2011 and has since shipped 37,725 units, making it China's top vehicle exporter.
- VEHICLE ANALYSIS: Maserati Ghibli diesel
- THE WEEK THAT WAS: Interesting, interesting...
- COMMENT: US JLR plant likely to get a warm welcome
- ANALYSIS: Q1-Q3 ASEAN sales down 11%
- Management briefing: India automotive update (1)
- SAO PAULO SHOW: World premieres
- Protests grow against VW recall action in China
- Audi reportedly scraps A6 Hybrid
- LA DEBUTS: Porsche Panamera Exclusive Series
- Under new Ford CEO, new life beckons for Lincoln
- Global light vehicle OE exhaust & emissions aftertreatment systems - forecasts to 2029
- Jaguar Land Rover: Providing remarkable growth throughout the economic downturn
- Global Automotive Exhaust Gas Recirculation (EGR) Systems Market 2014-2018
- Ford Motor Company - Strategy and SWOT Report
- Global CNG Vehicles Market 2014-2018