German Car Manufacturers to Restart Production in Brazil

German Daimler announced on October 1st that it would restart the automobile production in Brazil. Brazil is now the 4th largest automobile market in the world. BMW will also restart its automobile production in Brazil.

According to a local report in Brazil, a new car manufacturing plant of Benz will open by 2015 and the GLA model will be first imported into Brazilian market in 2014 and will become locally manufactured later when the plant is completed in 2015. The other CLA class sedans will be also manufactured in Brazil.

In addition, Audi has also announced to restart the production in Brazil in mid-September. Recently, BMW has been building its plant in southern Brazil, which is expected to operate by 2014. The 3 major car manufacturers of Germany all focus on the market of high-class cars in Brazil. The automobile market of Brazil is expected to grow 170% by 2020. Volkswagon, the largest European car manufacturer , has had its car manufacturing in Brazil for tens of years.