China’s Shineray Motorcycle Company starts assembling motorcycles in Brazil

28 January 2014

The motorcycles of Chinese groups Shineray Motorcycle Company Are due in March to start being assembled in Brazil, which will be the first operation of its kind outside China, said Paulo Perez, the chief executive of Shineray in Brazil, cited by the Brazilian press.

The factory, in which the company invested 140 million reals, is located in the Suape Industrial Port Complex, in the Recife metropolitan region, in the state of Pernambuco and will have a production capacity of 150,000 vehicles per year.

Perez also said that the investment in building the factory was entirely Brazilian and that it would be used to build the motorcycle chassis and to receive imported parts from China.

“We plan to keep an 80 percent rate of national incorporation,” said Perez, adding that initially the factory would produce three models of 50cc motorcycles and one cargo trike.

Production, according to Perez will supply the 150 showrooms and 700 points of sale across Brazil and the company expects to sell 120,000 units by the end of this year. (macauhub)