Brazil’s Car Production Close to 2 Million Units. The Best Number Ever.

Brazzil Magazine covers

The production of vehicles by the carmakers installed in Brazil was of 1,834,861 units from January to September this year. The volume is 12.6% greater than in the same period last year.

This was the best accumulated result in the sector’s history, according to the performance evaluation released by the National Association of Vehicle Manufacturers (Anfavea).

On the same comparison level, exports increased by 38.7% in financial volume, with US$ 8.3 billion, against US$ 6 billion in 2004.

According to the Anfavea president, Rogelio Golfarb, the figures for September indicate the possibility of an increase in 29% in shipments to the external market up to the end of the year, reaching US$ 10.8 billion.

The estimated production for this year is of 2.4 million units, an increase in 11% over 2004. In both cases, the expectation is of beating new records.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Brazilian Police Have No Rest: They Bust International Importing Gang

The Brazilian authorities are calling it the "biggest scheme of foreign trade fraud ever ...

Brazzil Magazine covers

13 Brazilian Congressmen Still Being Considered for Expulsion

The president of Brazil’s Chamber of Deputies Ethics Council, Ricardo Izar (PTB, São Paulo), ...

Brazzil Magazine covers

Guilherme Araíºjo, Who Made Tropicalismo a Household Name, Is Dead

The man who made Brazil's musical movement Tropicalismo into a  global marketing phenomenon has ...

Brazzil Magazine covers

A Call to Arms from a Brazilian in Exile

Following its independence from Portugal in 1822 the political entity called the “Empire of ...

Brazzil Magazine covers

A Bullish Brazil Betting on 4.2% Growth for 2007

The National Confederation of Industries (CNI), an organization that represents Brazilian industry, forecasts growth ...

Brazzil Magazine covers

Brazil Ready to Impose Trade Barriers on Argentina

Brazil considers the introduction of trade safeguards to address Mercosur members’ “asymmetries,” particularly with ...