Tag: Luiz Carlos Moraes

• Tuesday, January 11th 2022 - 13:53 UTC

  Brazilian car industry expanded 11% last year but still below 2018/19 potential

  

  Brazil's National Association of Automotive Vehicle Manufacturers, ANFAVEA said that the 2021 market had a significant improvement to the critical production level of 2020, but was still short of the potential of the industry both in domestic and foreign markets. Nevertheless, Brazilian exports of automobiles reach US$ 7,6 billion.

• 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.

• 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.

• 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.