China may be the world’s largest automotive market, but its home-grown manufacturers have yet to make a significant breakthrough overseas – until now.
Jianghuai Automobile Company shipped 500 ethanol powered cars to Brazil at the end of December thanks to a deal signed in August with Brazilian dealer SHC to export 620,000 units during the next 10 years.
SHC has more than 60 outlets in Brazil and is the country’s largest dealer. It currently sells Ford, Volkswagen, Jaguar, Aston Martin and Citroen vehicles and has annual vehicle sales of around 80,000 units.
Now, JAC will send 1,500 more units this month and a further 2,500 in February.
The breakthrough in Brazil is important because the country is now the world’s fourth largest auto market. It is also an exciting marketplace for Chinese automakers with Chary building a plant in Sao Paulo and Great Wall Motor expressing interest in establishing Brazilian production.
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