Brazil's auto production rose in March but is down 21,4% compared to 2013

Saturday, May 10th 2014 - 08:03 UTC

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Brazilian vehicle production rose 1.6% last month compared with March, but was down 21.4% from the level of April 2013, the Anfavea auto industry association said Friday. Last month saw 277,100 cars, trucks, SUVs and buses roll off assembly lines in Brazil, significantly short of the 352,400 vehicles produced by Latin America's largest economy in April 2013. Read full article

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ChrisR
“Anfavea's optimism is based on government plans”

Ah well, that’s them fucked then!

Especially the:
“reach an accord with Argentina aimed at restoring the volume of vehicle exports.”

Not with TMBOA as president.

Better to find other markets, easier said than done though. A 30% drop in sales means the whole supply chain is in the red.
May 10th, 2014 - 12:42 pm - Link - Report abuse 0
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GeoffWard2
If Argentinian-made parts are being held up at the border because of CFK's micro-management of its import-export flux it's not surprising that Brasil's roll-off production is significantly down.
May 10th, 2014 - 12:47 pm - Link - Report abuse 0
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Bisley
When people aren't making money, they don't buy new vehicles. As long as government strangles prosperity with tax, regulation and favoritism toward their friends and political supporters, why should anything improve?
May 11th, 2014 - 02:09 am - Link - Report abuse 0
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