Jackson Schneider, Brazil Automobile Manufacturers Association President expressed on the 10th that, Brazil auto production capacity would be increased 500,000 in the next two years, and it was expected to become the world's sixth-largest car producer beyond France this year.

Brazil Automobile Manufacturers Association announced the February Brazil auto industry report. Schneider pointed out that in 2007 Brazil auto production capacity was 3.5 million behind Japan, the United States, China, Germany, South Korea and France, seventh in the world.

He said that the Brazilian automotive industry this year would be a record of the investment scale, with a total investment of 4.9 billion US dollars, most of which used to expand production, the automotive industry is expected to Brazil this year, the annual production capacity will increase to 3.85 million, in 2009 will be increased to 4 million.

Schneider also revealed that, from the beginning of this year, to 2010, the Brazilian automobile industry (including car assembly and parts production) investment plans totaled 20 billion US dollars.