Tag: Argentine situation

• 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.