Brazil: Lifan and EFFA to set up JV plant

Chinese OEM Lifan Industry is teaming with Brazilian vehicle dealer EFFA Motors to set up a joint venture vehicle assembly plant in Brazil, reports Automotive News China. The partners are expected to sign a letter of intent for the project in the coming days. EFFA is based in Brazil and Subscribe to Automotive World to … Continued

• By Webmaster
• July 5, 2011