JAC (Jianghuai Automobile) builds a plant in Brazil
- JAC (Jianghuai Automobile) has started construction of a plant in Brazil, through a joint venture with the Brazilian distributor SNS Auto.
- The site should be operational in 2015 with an initial production capacity of 100,000 vehicles per year. The plant, located in Camacari, requires a total investment of 3.7 billion yuan (457 million euros).
- Local production will enable JAC to avoid large import taxes. Indeed, due to the increase of these taxes, exports of JAC Brazil fell by 78% over the first 9 months of 2012.
- JAC is the ninth Chinese automobile manufacturer by production volume.
