Tag: Automotive Industry

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.
Wednesday, October 10th 2018 - 17:04 UTC
Oil Price Rally Boosts Electric Car Sales

Tesla's competition is about to get more crowded next year with many legacy automakers and luxury brands launching a record number of battery electric vehicles and plug-in hybrids.
Saturday, January 6th 2018 - 09:45 UTC
Argentine stock market reaches a new record, 13th session running of gains

Good and not so good news from Argentina. Merval, the main index of the Buenos Aires Stock Exchange, rose 0.79% to 32,505.59 points on Friday, a new settlement record that marked the 13th consecutive session of gains to the Argentine stock market. Merval had a weekly gain of 7.11%.
Wednesday, July 5th 2017 - 20:52 UTC
Brazilian industrial output grows for a second month during May

Industrial output in Brazil rose for a second straight month in May, government data showed on Tuesday, underpinning hopes that the economy will not fall back into recession despite an escalating political crisis.
Wednesday, October 7th 2015 - 10:21 UTC
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.
Friday, January 16th 2015 - 06:49 UTC
Bilateral trade between Mercosur main partners dropped 21.2% in 2014

Bilateral trade between Mercosur two main partners, Brazil and Argentina (first and third largest economies in Latin America) dropped 21.2% last year and with a 139 million dollars deficit for Argentina, according to the Argentine Commerce Chamber, CAC.
Wednesday, June 15th 2011 - 19:30 UTC
Argentina industrial output up 7.9% in April and 9.2% in first four months

Argentina’s industrial output rose 7.9% on the year in April and was down 0.2% on the month, the country's manufacturers association, UIA, said in a statement. In the first four months of the year industrial output was 9.2% higher than the same period in 2010.
Thursday, February 17th 2011 - 02:35 UTC
Argentina’s January industrial production expanded 10.3% over a year ago

Argentina's industrial production in January continued to expand at a quick pace, led by strong output of machinery and equipment, food, non-metallic minerals and chemicals, a local think tank reported Wednesday.
Tuesday, February 8th 2011 - 19:47 UTC
In less than a decade Asia will account for 65% of all vehicles sold

India is likely to take the fourth position in the global automotive market by 2015, according to a study conducted by Booz & Co. Currently that spot is held by Brazil, another emerging market, which is likely to give India a challenge.
Saturday, May 15th 2010 - 04:14 UTC
Tata Group Land Rover Sales Almost Doubles in April

Land Rover's global sales almost doubled last month, with demand for the 4x4 vehicles growing strongly as the world economy recovers.