Brazil: No change in investment plans, say Chery & JAC

Chinese car manufacturers Chery Automobile and Anhui Jianghuai Automobile (JAC Motors) have said stated their intention to proceed with plans to set up plants in Brazil. This is despite the Brazilian government's recent move to increase the tax on imports, in order to protect the domestic automotive industry. "The company will Subscribe to Automotive World … Continued

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• September 23, 2011