Brazilian Auto Group CAOA Adds Nearly US$1 Billion Investment to Launch Local Production of Changan Automobile Vehicles
2 day ago / Read about 0 minute
Author:小编   

On March 26 (local time), Brazilian auto group CAOA announced an additional investment of 5 billion reais (approximately US$955 million) in its Anápolis plant in Goiás state. The investment will be used to expand production capacity, upgrade technology, and introduce advanced automotive manufacturing processes, as well as to launch local production of Changan Automobile's UNI-T model.