Sao Paulo, Brazil, 11 Nov – Chinese automotive company Great Wall Motor Company vehicles will start to be sold in Brazil in 2012 via Brazilian group CAOA, owned by businessman Carlos Alberto Oliveira de Andrade, the Brazilian pres reported.
According to the Carsale website, the CAOA group has begun the process of setting up showrooms to sell some of the Chinese manufacturer’s models and in some cities the showrooms will be shared with existing resellers of Korean carmaker Hyundai.
Carsale also reported that the CAOA group plans to import five Great Wall Motor Company models including the Hover sports utility vehicle, and the models would go on sale in the second half of 2012.
The CAOA group started operating in 1979 when Carlos Alberto de Oliveira Andrade, the founder and current chairman, bought a Ford showroom in Campina Grande, in the Brazilian state of Paraíba.
The Great Wall Motor Company is a private group listed on the Hong Kong Stock Exchange with headquarters in Hebei. It has 28 subsidiary companies and a workforce of 42,000 people and produces 800,000 vehicles per year. (macauhub)