In the first ten months of 2022, Brazil exported 406 thousand car units, representing an increase of 32.4% compared to the same period in 2021. In this context, exports to countries such as Chile, Colombia, and Mexico stood out as the main export destinations for the Brazilian automotive industry.
Some US$ 400 million of top brand cars (Porsche, Bentley, Lamborghini) have been definitively lost when the carrier Felicty Ace with 4,000 units from the Volkswagen Group went down, close to the Portuguese Azores islands, nearly two weeks after a fire broke out in the vessel.
The Argentine Association of Automotive Factories (ADEFA) has reported that November 2021 had shown a 70% increase in exports and a growth of around 43% in the total number of units delivered.
The Chinese auto industry is penetrating Brazil. Automaker Great Wall Motors (GWM) reported that it has purchased the Mercedes-Benz car factory in Iracemápolis, Sao Paulo state, according to a report in the financial sector from the newspaper “O Globo” last Sunday.
The production of motor vehicles in Argentina in June grew 14.5% compared to May's output for a total of 40,035 units, which made up for a 155.7% YoY increase against 2020 figures, it was reported Monday by the Association of Automotive Factories (Adefa).
The Argentine Association of Automotive Factories (Adefa) Thursday reported that production of motor vehicles had grown more than 19% month on month for an accumulated increase of 517.3% compared to May last year.
“We are liberal but not stupid,” said Brazil's Economy Minister Paulo Guedes Thursday during a virtual event where he explained that his country has no intention of leaving Mercosur, but it does want to modernize it.
Despite all pandemic-related setbacks, Ford's carmaking plant in Pacheco, 30 kilometres northwest of the Autonomous City of Buenos Aires (CABA) in Argentina, has increased its output of the Ranger model, for which 256 new personnel has been hired, it was reported.
Paraguay's Minister of Industry and Commerce (MIC) Luis Alberto Castiglioni Friday discussed with South Korean Ambassador To Asunción In Shik Woo the establishment of an Auto Parts Technology Center for electric cars in the South American country, which is due to commence in 2022 and last for about five years, it was reported.
Scania CEO Andrés Leonard Sunday said in an interview he foresaw a 75% increase in “exports from Tucumán to the world” of bus and lorry gearbox parts.