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11 Sep
12:39

Brazil’s automotive sector recovers on-month in August

Brazil’s automotive sector saw both production and exports increase month-on-month in August. The industry’s performance, however, remained weak year-on-year, Kallanish notes. According to the local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), production rose 24% on-month in August to 226,954 vehicles. That output was 4.6% lower compared with the 237,961 units produced in August…
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