Photo: Shineray
Chinese motorcycle manufacturer Shineray announces that it has started to build their first South American factory in Brazil.
While Chinese bikes and scooters are not exactly highly popular in North America and Europe, other markets around the planet, including South America are selling huge quantities of small-displacement bikes, a cheap and economical commuting solution.
Shineray plans to start building their Brazilian satellite plant in March, with no start of production date announced. On the other hand, Shineray estimates that the new manufacturing facility could deliver up to 150,000 units per year.
The move is a cost-efficient one for Shineray because the Chinese bikes will now be easier to sell in South and Latin America with a more competitive price. It looks like the massive investment Shineray allegedly plans to make is still smaller than the profit brought by selling cheaper bikes. With no Brazillian import duties, that is.
Via GMG
Shineray plans to start building their Brazilian satellite plant in March, with no start of production date announced. On the other hand, Shineray estimates that the new manufacturing facility could deliver up to 150,000 units per year.
The move is a cost-efficient one for Shineray because the Chinese bikes will now be easier to sell in South and Latin America with a more competitive price. It looks like the massive investment Shineray allegedly plans to make is still smaller than the profit brought by selling cheaper bikes. With no Brazillian import duties, that is.
Via GMG
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