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

Despite Bad Infrastructure Brazil Expects 17% Growth in Tourism This Year

Brazil's tourism sector should continue growing in 2008, according to businessmen and executives in ...

Brazzil Magazine covers

How a city with no indigenous cultural roots  is creating a musical legacy.

Of all changes occurred in the last two decades, the most impressive was the ...

Brazzil Magazine covers

Brazil’s Vice Praises IMF Payoff and Blasts High Interests

Brazil’s Minister of Finance, Antonio Palocci, has announced that Brazil will anticipate the payment ...

Brazzil Magazine covers

Amid World Crisis Brazil’s Lula Gets Stratospheric 80% Approval

Brazilian President Luiz Inácio Lula da Silva and his administration's approval rating soared to ...

Brazzil Magazine covers

Brazil Cinema: The Best Shots

In Premiere Brazil, MoMA introduces the first of what will be an annual film ...

Brazzil Magazine covers

UNPUBLISHED Republic

Social crisis? What crisis? The press is the one that creates the crisis. By ...