JAC first to enter the Brazilian market to export 620,000 cars in Brazil

According to customs information, Anhui Jianghuai Automobile Co., Ltd. exported 620,000 vehicles to Brazil for the first launch ceremony on December 28 at the Haitong Terminal, Waigaoqiao, Shanghai. Previously, Jianghuai Automobile announced that the company’s agreement with a Brazilian dealer stated that the distributor will be the exclusive agency for JAC’s Brazilian market and will do its utmost to complete sales expectations reached by both parties, ie 2010 By 2020, a total of approximately 620,000 vehicles will be sold.

It is reported that this is the first time JAC has entered the Brazilian market. JAC plans to establish a dealer network in Brazil in March 2011, and it will be exclusively distributed by SHC, the largest car dealer in Brazil. All Jianghuai Automobiles will export from China to Brazil in the form of complete vehicles. However, this agreement is not a market order, and the final completion of the sales target has certain uncertainty. JAC's competitors in the Brazilian market include Hafei, Jinbei, Chang'an and Chery.