Chery to establish R&D center in Brazil
(MENAFN) Chery Automobile is speeding up its expansion in foreign markets, despite disappointing sales in the domestic market, Xinhua reported.
The company has plans to establish an R&D center in Brazil to support local automobile production and adapt to consumption tendency of the South American market.
Last year, the volume of exported vehicles was 1.0161 million, with a growth of 19.51 percent.
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