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Brazil is open for business, Lula says at Chinese factory opening
The new GWM factory in Sao Paulo will produce 50,000 vehicles annually and create over 2,000 jobs as Brazil seeks to boost exports and attract foreign investment.
- At the opening ceremony in Sao Paulo, Brazilian President Luiz Inacio Lula da Silva said foreign companies are welcome, adding `Count on the Brazilian government. Whoever wants to leave, leave. Whoever wants to come, we welcome you with open arms.`
- In his speech, Lula criticized the 50% tariffs on Brazilian goods imposed by U.S. President Donald Trump and said he would discuss them at BRICS, calling them 'unnecessary turbulence.'
- The plant in Iracemópolis, São Paulo, covers 1.2 million square meters with 94,000 built-up area, supporting exports to Latin America.
- Last week, Anfavea showed Brazil's auto exports are expected to grow, while Lula said the plant's capacity will rise from 20,000 to 50,000 vehicles, creating over 1,000 jobs.
- The Brazil plant supports hybrid, plug-in hybrid, and diesel vehicle production, with initial offerings due in September, according to a press release.
21 Articles
21 Articles
DNyuz
Fox NewsWorld leader who took swipe at Trump over tariffs appears to cozy up to China
NEWYou can now listen to Fox News articles! Brazilian President Luiz Inácio Lula da Silva declared his country open to foreign companies at the inauguration of Chinese automaker GWM’s factory in São Paulo. The remarks come as Brazil faces steep U.S. tariffs, which Lula has repeatedly denounced. By making the statement at a Chinese factory opening, Lula signaled a possible pivot further away from Washington and toward Beijing. “Count on the Brazi…
Mid Florida Newspapers
Laotian TimesGWM Brazil Plant Officially Opens with President Lula in Attendance
Iracemápolis, São Paulo - Media OutReach Newswire - 16 August 2025 - In the early hours of August 16 (Beijing time), GWM's Brazil plant officially commenced operations, marked by a grand ceremony for the rollout of its first vehicle, the…
President Luiz Inácio Lula da Silva celebrated the opening of the first GWM factory in Brazil, which will produce plug-in hybrid vehicles and generate a thousand jobs, driving sustainable industry.
Brazil is open for business, Lula says at Chinese factory opening
Brazilian President Luiz Inacio Lula da Silva said on Friday that foreign companies that want to do business in Brazil are welcome, speaking at the opening ceremony for a factory for Chinese automaker GWM in the state of Sao Paulo.
World leader who took swipe at Trump over tariffs appears to cozy up to China | Fox Wilmington WSFX-TVAccessibility ToolsIncrease TextDecrease TextGrayscaleHigh ContrastNegative ContrastLight BackgroundLinks UnderlineReadable FontReset
NEWYou can now listen to Fox News articles! Brazilian President Luiz Inácio Lula da Silva declared his country open to foreign companies at the inauguration of Chinese automaker GWM’s factory in São Paulo. The remarks come as Brazil faces steep U.S. tariffs, which Lula has repeatedly denounced. By making the statement at a Chinese factory opening, Lula signaled a possible pivot further away from Washington and toward Beijing. Brazil’s President…
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