China’s Chery Automobile opened its first car assembly plant in Brazil last week, in the city of Jacarei in Sao Paulo state.
The plant currently employs 300 workers assembling the Celer subcompact car with the QQ minicar to follow next year.
The plant is scheduled to reach full capacity of 150,000 units a year in 2018 with 3,000 employees.
The carmaker also said it was spending US$23m on an R&D centre in the country and plans to launch its first locally developed car in Brazil by 2018.
The R&D centre will be responsible for developing cars for all Latin American markets.
Chery assembly in Russia began in mid-August.
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By GlobalData