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Brazil
27 June 2024
Chinese Automaker GAC to Invest USD 1 billion in Brazil
Brazilian vice-president Geraldo Alckmin and Feng Xingya, chairman of GAC Group, held intensive discussions on deepening cooperation and boosting the Chinese automaker´s presence in the Brazilian market.
07 May 2024
Chinese Cars are Staying in Brazil for Good
The massive influx of Chinese cars into Brazil is transforming the entire automotive market, with prices falling not only for electric competitors, but also for combustion vehicles, according to a report published by the Brazilian Bank BTG Pactual.
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