Chinese automaker to begin operations in Brazil

Image
IANS Beijing
Last Updated : Aug 11 2013 | 1:00 PM IST

Chinese automaker Chery will open a new plant in Brazil this year, company officials said Sunday.

Chery Auto started building the plant in 2011 in Jacarei city in Sao Paulo with an investment of 2.45 billion yuan (around $400 million), Xinhua reported.

Chery Auto set foot in Brazil in 2009 and has introduced several models including QQ, Cielo and Tiggo, which won the country's title of "SUV of the year" in 2010.

In July, police in Sao Paulo started using Celer models, the first time that Chery cars have been used for public service. Chery has 80 dealers in the South American country.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 11 2013 | 12:54 PM IST

Next Story