..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.

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