Brazil Sets Record in Vehicle Production: 213.400 Units in May

Export earnings from sales of vehicles, agricultural machinery, auto parts, and motors rose 33.8% in May, compared with the same period last year, and 1.7% in relation to April of this year.

Motor vehicle production attained the mark of 213,400 units, the most ever for the month of May. These data were released June 6 by the National Association of Motor Vehicle Manufacturers (Anfavea).


Anfavea estimates that exports will grow 7% this year, compared with 2004. Sales are expected to amount to US$ 9.8 billion.


Anfavea president, Rogélio Golfarb, commented, however, that the sector’s growth rate will be lower in 2005 than in 2004.


“Our worries stem from two factors: the substantial appreciation of the real and cost increases in general, mainly in the prices of industrial commodities, which raises production costs.”


Between January and May, 984.8 thousand units were produced, 13.52% more than during the same period last year.


Exports have totaled US$ 4.077 billion so far this year, 35.5% more than in the first five months of 2004. Domestic vehicle sales rose 3.9% in May, when 142,978 units were sold.


Agência Brasil

Tags:

You May Also Like

Brazil and Paraguay Border Areas to Be Helped by Rural Accord

On Friday, March 10, during the 2nd International Conference on Agrarian Reform and Rural ...

Africa and Middle East Countries Become Top Importers from Brazil

Among the greatest buyers of some of the main products in the Brazilian export ...

Having Learned from US Mistakes China Goes Soft to Win Brazil and LatAm’s Hearts

On November 5, 2008, the Chinese government released a policy paper on Latin America ...

A Rare Case of Brazilian Rock Success

In 1997, producer Rick Bonadio, who has worked with many of Brazil’s biggest acts, ...

The Brazil Challenge: Lift Millions out of Poverty

I’m really honored to be here at the Memorial Museum of Juscelino Kubitschek the ...

Fearing Foreign Invasion Brazil Tightens Rules for Alien Land Buyers

Worldwide prosperity in recent years has led to a boom – and speculation – ...

Four Years and Counting

Public approval of the Real plan is not unanimous anymore. Complaints range from the ...

Brazil Proposes Cash for Weapons to Disarm Haiti

Disarming the Haitian population through a campaign similar to the one conducted in Brazil. ...

Sudan Wants to Learn Satellite Imaging in Farms with Brazilians

Sudan wants to send their technicians to Brazil to receive training at the Brazilian ...

Productivity and Right Rain Set Brazil on Course for Its Largest Crop Ever

Brazil’s minister of Agriculture, Livestock and Food Supply, Reinhold Stephanes, said that the 2009/2010 ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`