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Caoa, Chery create JV, invest USD 2 billion to produce at Jacareí and Anápolis, Brazil
On November 11, businessman Carlos Alberto de Oliveira Andrade, of the Caoa Group, signed a strategic cooperation agreement with Chery establishing Caoa Chery as the first joint venture of a Brazilian vehicle manufacturer with a Chinese company.
The two corporations will be equal partners, but Caoa, the largest auto....
The two corporations will be equal partners, but Caoa, the largest auto....
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