MercoPress. South Atlantic News Agency
Brazil's September auto production down 42.1% compared to a year ago
Brazil’s auto industry produced 174,200 units last month, down 19.5% from August and a whopping 42.1% from September 2014, the national Association of Car Manufacturers, or Anfavea, said on Tuesday. Read full article
Comments
Disclaimer & comment rulesLet me comment in advance for Brazil boy. This is wonderful news for the native non-European peoples of South America as the car companies will be forced to make cutbacks in wages and tax contributions to the Brazilian economy...
Oct 07th, 2015 - 05:16 pm - Link - Report abuse 0Viva Lula and Dilma!
And this decline will only continue, congrats to socialism which always manages to balls things up.
Oct 07th, 2015 - 05:47 pm - Link - Report abuse 02 Tik Tok
Oct 07th, 2015 - 09:43 pm - Link - Report abuse 0In general I would be the first to agree but I don't see any specifics, as there appears to be little tinkering in the sense of nationalization. Nor have I found any economists that blame socialist policies for the turndown. The major consensus is underfunding of infrastructure renewal, so there was no prepardness. But that will require a huge investment and the country doesn't have those kind of resources.
This seems to be the only industry.The government of Brazil, under Getúlio Vargas, nationalized the oil industry in 1953, thereby creating Petrobras.
https://en.wikipedia.org/wiki/Nationalization_of_oil_supplies
Back to reality after the nonsense from The brainless One.
Oct 08th, 2015 - 11:26 am - Link - Report abuse 0Brazil may well be in a self-fulfilling economic death spiral but I really hope not.
Whether we like it or not the effect on the rest of SA by the incompetence of DumbAss Dilma and thievery by The Chief crook Lula, together with the ridiculous antics of TMBOA will be enormous, especially for Uruguay.
A wise old saying: It is better to live one day as a lion, that eternity like a sheep.
Oct 08th, 2015 - 12:11 pm - Link - Report abuse 0I know Brazil has no car industry. Are all outside South America. When they are gone, we opened ours.
@2 Tik Tok
Oct 08th, 2015 - 05:29 pm - Link - Report abuse 0Beware of the 'brainless one'....he starts off with “...but I don't see any specifics,”, and soon he'll be demanding proof. You must of course realize that he is a pseudo-economist and a socialist, whose real talent is to clean latrines. It took him 3 years to learn the trade, but he eventually did. Since he has never really lived in Brazil, he has no idea of how things work, and he thinks he can teach us what we already know. Three cheers for the 'brainless one ” !!!
@5 brasshole (the one with shit for brains)
I have another, newer saying for you - one the 'petistas' really believe in : - ”better to live off handouts (Bolsa Família) for all eternity, than to work one day as an honest citizen“. Like it ??
Brazil open their ”own” automotive industry ? with what technology, since you are in favour of not allowing anything that originated from someplace outside of Brazil, into the country. Or are you going to reinvent the wheel ??
Brasileiro writes: “A wise old saying: It is better to live one day as a lion, that eternity like a sheep.”
Oct 09th, 2015 - 05:08 am - Link - Report abuse 0Wise?
Old?
Benito Mussolini said it 24 September 1928.
In Italian: “E' meglio vivere un giorno da leone che 100 anni da pecora”
the people that elected Lula and Dilma deserve to pay for their stupidity
Oct 10th, 2015 - 03:39 am - Link - Report abuse 0Commenting for this story is now closed.
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