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10 Sep
09:19

Brazilian automotive production increases in August

Brazilian automotive production grew year-on-year and month-on-month in August, according to data issued by local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), monitored by Kallanish. "The results to end-August surprised us positively in the midst of political uncertainties regarding further elections, the devaluation of the Brazilian currency against the US dollar, and the recen…
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