How Australia is caught in a China feedback loop CHINA CHERY EXPAND PRODUTION BRAZILIAN MARKET

CHINA CHERY EXPAND PRODUTION BRAZILIAN MARKET

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–FILE–Visitors look at a Chery Arrizo 7 during the 16th Shanghai International Automobile Industry Exhibition, also known as Auto Shanghai 2015, in Shanghai, China, 21 April 2015.

China’s automaker Chery hopes to produce 10,000 vehicles in its Brazilian factory this year, and soon expand its production and presence in the country, a top Chery executive said. Peng Jian, Chery’s president for Brazil, said Chery is working hard to offer new options for Brazilian consumers. Although Chinese manufacturers have been operating in Brazil for some years, consumers remain relatively unaccustomed to Chinese vehicles, and much more used to the four big players in Brazil: Volkswagen, GM, Ford and Fiat. Besides Brazil, Chery will also sell its vehicles to other South American nations like Uruguay and Argentina.