In a statement, Marcio de Lima Leite, president of Brazil’s National Association of Automotive Vehicle Manufacturers (Anfavea), said the group had commissioned a study on the issue to “defend fair competition and prevent practices that harm Brazil’s automotive market”.
The study would thus safeguard “customers, employees, dealerships, manufacturers and the auto-parts industry”, he added.
Anfavea claimed that Chinese brands had created unfair competition conditions by benefiting from dumping – the practice of selling products below cost to undermine competitors in the long run.
While the industry group’s study would focus primarily on passenger vehicles, Anfavea also revealed plans to push for investigations into trucks, buses and agricultural machinery manufacturing.
