Tag: Anfavea

Wednesday, July 14th 2021 - 09:00 UTC
Lack of semiconductors and electronic components limiting Brazil's car production

Brazil's Association of Automotive Vehicle Manufacturers, ANFAVEA announced that export expectations for 2021 should reach 389,000, a significant increase over the previous estimate of 353,000. Furthermore, overseas sales will stand at 20% over the 2020 figure.
Wednesday, September 2nd 2020 - 09:50 UTC
Brazil/Argentina spat over non automatic import licenses delaying Mercosur bilateral trade

Brazil expressed its disenchantment with the Argentine policy of delaying the approval of the so-called nonautomatic import licenses which has seen millions of dollars in sales held at the border. This situation has been increasing in recent months, in what is considered a breach of bilateral accords in the framework of Mercosur agreements, and the World Trade Organization, WTO, rules.
Tuesday, August 11th 2020 - 08:20 UTC
Encouraging second half first month for Brazilian car manufacturing

Brazilian car manufacturing started to recover during the first month of the second half of the year. Numbers released by the National Association of Automotive Vehicle Manufacturers (Anfavea), point out that in July, production reached 170,300 units, an increase of 73% over June, but still 36.2% lower than the same month last year. Despite the increase, it was still the worse July since 2003.
Tuesday, July 7th 2020 - 09:35 UTC
Brazil automakers expect sales to reach pre coronavirus levels in 2025

Brazil’s automakers association said on Monday it only expects auto sales to recover to pre-coronavirus levels in 2025, discarding the possibility of a V-shaped recovery and taking on a grim view for the industry.
Tuesday, June 9th 2020 - 11:49 UTC
Brazil anticipates 40% fall in sales of cars, light commercial vehicles, trucks and buses, this year

Brazil's National Motor Vehicle Manufacturers Association (Anfavea), predicts a 40% drop for the sale of the set of new vehicles, composed of cars, light commercial vehicles, trucks and buses in 2020.
Tuesday, October 8th 2019 - 09:09 UTC
Weaker demand and Argentine situation hit hard Brazilian auto industry

Brazil’s auto industry trade group Anfavea has slashed its forecast for 2019 vehicle production growth to a modest 2.1% from 9% previously, it said on Monday. Anfavea had big plans this year for Brazil’s auto industry, which has been slowly recovering from a significant slump.
Thursday, August 8th 2019 - 06:58 UTC
Auto production in Brazil jumps, but exports to Argentina are down 38.4%

Automobile production in Brazil jumped 14.2% and sales grew 9.1% in July from June, the best performance for the month since 2014, the national automakers’ association Anfavea said on Tuesday.
Monday, July 8th 2019 - 20:21 UTC
Brazilian auto exports expected to plunge because of Argentina's recession

Brazilian vehicle exports to Argentina are expected to plunge this year, and the industry could face threats from rising imports following a free trade agreement between the European Union and Mercosur, a major industry body said.
Thursday, November 8th 2018 - 08:15 UTC
“Strong market” for Brazilian automakers, but much will depend on Argentina

Automakers in Brazil last month notched their strongest sales in nearly four years, adding to optimism as the auto industry kicked off the biannual Sao Paulo International Motor Show.
Thursday, August 9th 2018 - 20:33 UTC
Brazil's auto exports tumble 21% in July over June: fingers point to Argentina weakness

Brazil's auto exports tumbled 21% in July from a month ago, the country's automakers' association said on Tuesday, blaming a monetary crisis in neighboring Argentina for the shortfall and adding that it expects exports to be steady for the year, not higher as it had predicted before last month.