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CFMOTO has announced a second sales batch in Brazil after its first sold out 700 units in just 40 minutes. It's a clear sign that the Chinese manufacturer is drawing stronger-than-expected demand in the Brazilian market.
Selling out 700 units in 40 minutes is a clear signal that Brazilian consumers are starting to embrace Chinese brands. From a market perspective, if the balance of price and equipment hits home, even a newcomer can sell out instantly. Including the swift decision on a second batch, I see CFMoto's push into South America as the real thing when you look at the numbers.
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Didn't know CFMoto had this much of a presence in Brazil.
Brazil's motorcycle market is on a roll with both production and exports growing, so it makes sense to see them dig in there.
For the local Japanese manufacturers, popularity like this is a threat they can't ignore.
How many units is the second batch actually planned to bring in?
Not zero chance they staged a sellout by keeping numbers low, but even so, the reaction's still huge.
Selling out 700 units in 40 minutes — didn't expect a Chinese manufacturer to land this hard in Brazil.
