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China's JAC motors to build factory in Brazil, hoping to avoid higher import taxes

Sunday, October 9th 2011 - 09:56 UTC
Full article 5 comments

Chinese automaker JAC Motors announced Friday it will invest 500 million dollars to build a factory in Brazil's north-eastern Bahia state its first outside China. Read full article

Comments

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  • GeoffWard2

    Do NOT 'reconsider' the import tax for this company, just because it has chosen to do what you want, invest in the country.

    There are many other sectors where China etc are still dumping goods and destroying home industries.
    The bigger issue remains this dominant one and Brasil's policy, once chosen, must be managed even-handedly until this dumping of the whole range of too-cheap imports stops.

    Oct 09th, 2011 - 01:25 pm - Link - Report abuse 0
  • briton

    so to save on import tax,
    they use their brains, and make them in brazil, and send the profits back to china,

    Oct 09th, 2011 - 03:08 pm - Link - Report abuse 0
  • Dave204

    Just curious, do any of you actually own one of these cars? What are they like?

    Oct 10th, 2011 - 05:02 am - Link - Report abuse 0
  • GeoffWard2

    Just clones, Dave, just clones.

    Design evolution has reached the convergent stage.
    The world middle class is so homogeneous now that the parameters of the design questions posed come up with the same conformations and under-the-hood technical solutions.

    I once read that there will only be four car manufacturers in the world - this is why.
    Undoubtedly, the Chinese public/private car production company will be one of the last men standing.

    The car will be like every other car we have recently owned, except that, instead of just being crammed full of Chinese-made gizmos, it will actually call itself Chinese, with a little Chinese badge to prove it.

    Oct 10th, 2011 - 11:56 pm - Link - Report abuse 0
  • briton

    mmm just like the skoda,
    before BMW got it .

    Oct 11th, 2011 - 01:22 pm - Link - Report abuse 0

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