Brazil: Foton to set up plant in Camacari

Beiqi Foton plans to set up a production plant in Camacari, in Brazil’s northeastern state of Bahia. According to local publication A Tarde, the OEM will invest around US$500m in the project, though MarketWatch puts the investment at about US$300m. This would be the Chinese OEM’s first plant in Brazil. Production Subscribe to Automotive World … Continued

• By Webmaster
• September 14, 2012