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12 Apr
11:08

Brazil’s automotive production hits seven-month high in March

Brazil’s automotive sector saw production and exports improve on-month in March. Cumulative performance remained strong in the first quarter compared to the same period in 2022, Kallanish notes. According to local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), production increased 37.3% on-month in March to 221,835 vehicles. Output was also 20% higher compared to 184,786 units a year ea…
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