Brief: China Automotive Systems begins construction of facility in Brazil

China Automotive Systems

01/12/2014 11:22

Dec 1 (Reuters) - China Automotive Systems Inc  CAAS.O : 
 * Begins construction of facility in Brazil 
 * New facility in Brazil will assemble complete steering products from 
   components exported by the company in China 
 * Says investment in this first stage is expected to be approximately $3 
   million 
 * Says commercial operations are expected to begin in April 2015 
 * Begun construction of first stage of facility for assembly of steering units 
   for sale in South American markets 
 * Source text for Eikon  ID:nPn750MRg  
 * Further company coverage  CAAS.O   
 
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