• Categories
  • Archives

Brazil’s Auto Industry Breaks Production and Export Records

Brazil’s automobile industry set production and export records for the month of April. Foreign sales brought in US$ 881.9 million last month, 37.4% more than in April, 2004.

Vehicle production, driven by exports, reached 203.4 thousand units, 19.7% more than in April, 2004. These data were announced by the National Association of Motor Vehicle Manufacturers (Anfavea).


Anfavea president Rogélio Golfarb said that the depreciation of the dollar against the real did not reduce export volume, because the factories are filling old orders, but he pointed out that the profit margin has already declined.


The production of 771.4 thousand units in the first four months of the year is also considered a record for this period of the year. This year’s mark is 14.7% greater than during the same period in 2004.


Exports by the sector totaled US$ 3.18 billion between January and April, 35.9% more than in the same period last year.


ABr

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil’s First Astronaut Is Awarded Brazilian Highest Honor

The Brazilian astronaut, Marcos Pontes, was acclaimed this Thursday, April 20, with the National ...

Brazil’s Petrobras Finds New Oil Reserves

Petrobras (Brazil Petroleum S.A.) informed the National Petroleum Agency (ANP) that it discovered oil ...

A Bill to Join Brazil and the US

If a little-known legislative bill had succeeded in Brazil during the 1830s Brazilian and ...

Lula Calls Brazil’s GDP Growth “Excellent News”

Brazilian President Luiz Inácio Lula da Silva remarked yesterday, May 31, that the growth ...

Brazilian players raise World Cup trophy

With Elections and World Cup Brace Yourself for Another Lost Year in Brazil

Brazil seems distant from the many prickly issues that are involving the world’s powers ...

Brazil’s Press Freedom Is Threatened from All Sides: Gangs, Army and Courts

In Latin America’s largest country, journalists, legislators, courts, street gangs, and political factions are ...

Brazil Surrounds Haiti’s National Palace with Tanks and Hands Out Food

In a show of power, Brazil’s Armed Forces held on Friday their biggest relief ...

Brazil’s Shaman Appeals in Germany for Bushmen Rights

Davi Yanomami, a renowned Indian leader from Brazil's Amazon, has made an emotional plea ...

Brazil Building Lab For Testing Cigarettes Ingredients

Brazil will have a research lab for monitoring activities related to tobacco consumption. The ...

Brazil Calls Biodiesel a Strategic Priority

Brazil’s Minister of Agrarian Development, Miguel Rossetto, was in Crateús, state of Ceará, in ...