Chinese motorbikes start being sold in Brazil on February 26

23 February 2007

Sao Paulo, Brazil, 23 Feb – Chinese company FYM, one of the world’s largest motorcycle manufacturer, is set to begin selling its products in Brazil next week, the company’s executive director for Brazil, Joacyr Drummond told Macauhub Thursday in Sao Paulo.

FYM is the first Chinese motorcycle manufacturer to sell its products in Brazil.

Drummond said that the first lot of 600 motorcycles, of eight different models was already in Brazil, and it would be distributed via two centres in Sao Paulo state, in Sao Bernardo do Campo and Campinas.

“First we brought 70 motorbikes to do tests. Then after adjustments and adaptations for the Brazilian market, we brought the first lot of 600 units, which have already been prepared for Brazil, being adapted for ethanol for example,” said Drummond.

The motorcycles, which have 100 to 250 cc engines, will cost between US$1,870 and US$4,800, according to Drummond, who added that the Chinese company wanted to reach customers of different profiles, “both those that use the bike as a working tool and those that use it on the weekend.”

In April, Nova Trade – a Brazilian foreign trade company, which is FYM partner in the venture – will start importing 13,000 motorcycles per month, which could be increased over the following months, according to Drummond, who added that the aim was to sell between 15 and 18,000 units in Brazil this year.

“We are going to begin by focusing on the state of Sao Paulo, but then we want to be in the capitals of other states, such as Minas Gerais, Paraná and Rio de Janeiro,” Drummond said.

Founded in China 40 years ago, FYM has an annual production capacity of 500,000 units. In 2003, FYM bought German manufacturer Sachs, a renowned brand on the European market. Its engine production totals 800,000 units per year. (macauhub)