Eaton Corp.'s car-part division in Brazil will buy axle and gear components from China to avoid the overvalued domestic currency. The real is hovering around 2.10 to the U.S. dollar, compared with 3.60 four years ago. "Aside from buying on the domestic market, we are also importing to recover our competitive edge," says Carlos Briganti, head of the Eaton transmission group in Brazil. Ford Motor Co., General Motors Corp. and Fiat Auto SpA also report they are importing components from ...
Premium Content (PAID Subscription Required)
"Brazilian Component Manufacturers Import From China" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.