Chinese Automakers May Be Alternatives to Ford in Bahia

Written by Valdemar Medeiros

Published on 12/01/2021 at 10:42

montadora chinesa

Be the first to react!

After Ford’s Exit, Bahia Will Seek Chinese Automakers to Invest in the State

This Monday (11), Ford announced the closure of its operations in Brazil due to low revenue in 2020 in Bahia, Ceará, and SP, and now states are looking to attract new investors from China. The company will temporarily close its doors here in the country, keeping the Camaçari/BA unit operational for now. The Bahia government, for its part, is already working to find a new investor to replace Ford in the State.

Chinese Investors

With the announcement, the Governor of Bahia, Rui Costa (PT), has contacted the Chinese Embassy in Brazil to try to attract Chinese entrepreneurs and investors interested in taking over the large factory located in the municipality of Camaçari. The State is also known for valuing the automotive sector and does not intend to lose its place on the podium.

How Ford Will Operate from Now On in the Country

From now on, the automotive models that will circulate here in Brazil will only be those produced in industrial hubs close to our country, such as factories in Argentina and Uruguay. This decision came after the company’s data showed declining sales of vehicles, both popular and medium to large ones. Even the simplest models, like the Ford KA, did not meet the expected sales targets.

ARTICLE CONTINUES BELOW

CNN Analyzes the Reasons That Led Ford to Leave the Country

“Due to events that occurred in recent years, the automaker was already planning to leave Brazil…. Lack of investments, declining sales, pandemic restrictions, and high taxes made the situation in Brazil unsustainable for Ford. Advantages of Manufacturing in Argentina: Fixed costs and labor are much lower in Argentina. A car manufactured in Brazil can have up to a 54.8% tax rate, meaning more than half of the profits are taxes. Ford’s strategy is to focus on large vehicles and not produce more popular ones.”

Chinese Automakers May Be Alternatives to Ford in Bahia

After Ford’s Exit, Bahia Will Seek Chinese Automakers to Invest in the State

Also Read

Chinese Investors

How Ford Will Operate from Now On in the Country

CNN Analyzes the Reasons That Led Ford to Leave the Country

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Project created by a UFS student defeats European competitors in an engineering award held in Paris and highlights the advancement of Brazilian science with an innovative solution, developed in a public academic environment and recognized by international experts in the technological field.

The seemingly endless sand is disappearing: the world extracts 50 billion tons per year from rivers and beaches, a volume comparable to 19,000 pyramids of Giza, while mafias profit, islands disappear, and city concrete is threatened until 2050.

Scientists drill 8,000 feet of ice in Antarctica and race against time before the hole freezes over again to bury the world’s deepest seismometers and turn the South Pole into a giant ear for earthquakes across the entire planet.

Rice in space becomes a scientific bet for China to understand how microgravity can alter the genetics of the most important grain for Asian food security and reveal if future generations of the plant can be born, grow, and maintain their biological identity away from Earth.

How much would a Toyota Hilux cost without tax in Brazil? A diesel pickup truck priced at R$ 250,000 could drop to around R$ 127,000, showing why pickup trucks have become a luxury product in the country.

Chinese Automakers May Be Alternatives to Ford in Bahia

After Ford’s Exit, Bahia Will Seek Chinese Automakers to Invest in the State

Also Read

Chinese Investors

How Ford Will Operate from Now On in the Country

CNN Analyzes the Reasons That Led Ford to Leave the Country

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

The truck that “bent physics” in the Monte Carlo case: report indicates impossible route between São Paulo and Mato Grosso, R$ 4 million in recorded refueling, R$ 3 million advanced, and suspicion of entries without real correspondence.

ANTT authorizes new electronic tolls without barriers on highways in Paraná and Goiás, expands free flow toll collection, and introduces drivers to a new rule that may result in a fine if the toll is not paid on time.

After 5 years stalled by the Supreme Court, the R$ 9 billion Ferrogrão railway is back on track to connect Sinop to Miritituba over 933 kilometers, transport grains by rail, and cut 50% of CO2 emissions from Brazilian agribusiness.

State of Logistics 2026 opens a survey in Brazil to map technology, electrification, sustainability, and logistics bottlenecks in Latin America.

While the US Navy still relied for decades on the subsonic Harpoon and Tomahawk missiles for naval combat, the US Air Force reactivated the AGM-183A ARRW program on May 12, 2026, in an anti-ship version capable of making a Nimitz-class aircraft carrier disappear in minutes.

Project created by a UFS student defeats European competitors in an engineering award held in Paris and highlights the advancement of Brazilian science with an innovative solution, developed in a public academic environment and recognized by international experts in the technological field.

The seemingly endless sand is disappearing: the world extracts 50 billion tons per year from rivers and beaches, a volume comparable to 19,000 pyramids of Giza, while mafias profit, islands disappear, and city concrete is threatened until 2050.

Scientists drill 8,000 feet of ice in Antarctica and race against time before the hole freezes over again to bury the world’s deepest seismometers and turn the South Pole into a giant ear for earthquakes across the entire planet.

Rice in space becomes a scientific bet for China to understand how microgravity can alter the genetics of the most important grain for Asian food security and reveal if future generations of the plant can be born, grow, and maintain their biological identity away from Earth.

How much would a Toyota Hilux cost without tax in Brazil? A diesel pickup truck priced at R$ 250,000 could drop to around R$ 127,000, showing why pickup trucks have become a luxury product in the country.