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BRAZIL - Chinese carmakers have landed
Small number of Chinese carmakers have set up shop in Brazil
Published: Mon, 05 Mar 2012 11:47:56 GMT
 

There was one development in particular that simply could not fail but attract the attention of serious autoindustry observers.

In Brazilís highly taxed car market, where most of the new car business is made up of small cars with few frills, a few Chinese carmakers have set up shop.

In the hope of establishing a bridgehead in what ranks as one of the worldís potentially fastest growing new car markets, and where cheap and cheerful small cars with few frills have accounted for the lionís share of sales, some enterprising Chinese carmakers have evidently decided to chance their luck
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