Chinese tap Latin nations as vehicle for growth – Doreen Hemlock

From South Florida Sun-Sentinel:

South Florida executive Avelino Oliveira never expected to be selling Chinese auto parts across Latin America.

When he started in the auto industry in 1985, China was a land of bicycles. No one could imagine that in 2005, the Asian nation would export more vehicles than it imported and stand poised to become the world’s largest carmaker by 2020.

But just weeks ago, Oliveira left his job as the Latin American manager for a German auto parts company and switched to selling Chinese parts instead. He joined with a Chinese manufacturer that even gave him part ownership in their Miami venture to tap his expertise in Latin America. Their GSP Automotive Inc. aims to more than double Latin sales this year to top $10 million.

Technorati Tags: China, Latin America