The opportunity of China commercial vehicles enter the Brazil market

Brazil is the one of BRIC countries, growth is good. Demand for trucks in Brazil and the South America area is still in the rising stage, the market prospect is broad. Brazil is rich in iron ore with high quality, which for vehicle production bring raw material, can obtain raw material locally, saving a lot of transport transaction cost. Compared with other developed countries, Brazil labor costs greatly low. At the same time, Brazil also belongs to the developing countries, so will be preferential in the treatment of foreign investment policy, the local policy support is very favorable. In addition, the 2014 World Cup and 2016 Olympic Games will further increase the commercial vehicle market demand.