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Brazil: Chery to establish US$700m plant – report

Local newspaper O Estado de S. Paulo has carried a report which claims that Chinese vehicle manufacturer Chery Automobile will invest US$700m to set up a facility in the Brazilian state of Sao Paulo. Citing an unnamed source close to the company, the newspaper said the plant will be located in Jacarei It’s time to log … Continued

Local newspaper O Estado de S. Paulo has carried a report which claims that Chinese vehicle manufacturer Chery Automobile will invest US$700m to set up a facility in the Brazilian state of Sao Paulo.

Citing an unnamed source close to the company, the newspaper said the plant will be located in Jacarei

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