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Your email address will not be published.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 Looks for a Greater Role in Building Libya

Brazil's Foreign minister, Celso Amorim, discussed the need for a direct flight between Brazil ...

After Miami and New York, Brazil’s TAM Will Fly Daily to London

Brazil’s largest airline company, TAM S.A., was granted official authorization from the Brazilian National ...

Brazil’s BNDES Opens the Wallet: US$ 23 Billion to Go

The Brazilian Development Bank (BNDES) made available a total of US$ 1.479 billion in ...

Moo-Hyun Calls Brazil’s Lula, ‘an Example to Be Followed’

Speaking, Tuesday (16), in the Ministry of Foreign Relations, in BrasÀ­lia, at a dinner ...

Brazil’s Thor Has 20 Mines to Supply Overseas Marble Market

Brazilian company Thor Granitos main aim for 2009 is to guarantee the maintenance of ...

FTAA: …And Brazil Was Left Alone

The U.S. was incensed at Brazil in Port of Spain. Brasília proposed that Americans ...

US Senators in Brazil to Learn How Ethanol is Made and Distributed

A group of American senators begin a week-long visit to Brazil this Friday, April ...

Germany and Brazil Join Forces in US$ 3 Billion Steel Project

Luiz Fernando Furlan, Brazil’s Minister of Development, Industry and Foreign Trade, participated last week ...

Brazil Has Never Made So Many Cars: 2.61 Million

Brazil manufactured a record number of automobiles last year, 2.61 million, up 3.1% over ...

Brazilian Troops Keep an Eye on Haitian Elections

Exactly two years after former president, Jean Bertrand Aristide, fled the country, Haiti will ...