JAC exports ethanol-powered cars to Brazil

Chinese carmaker Jianghuai Automobile Co. Ltd. (JAC) started shipping the first batch of 500 cars to Brazil. It signed a deal in August to export 620,000 ethanol-powered cars to Brazil in the next 10 years. The company said it will send the second and third batches, 1,500 and 2,500 cars respectively, in January and February. In August, the company announced that it has signed an exclusive distributor agreement with Brazilian dealer SHC.  (December 29, 2010)