Brazil Made 2.45 Million Vehicles in 2005, a Record

Brazzil Magazine covers

The information on the Brazilian automobile production in 2005, released today by the National Association of Vehicle Manufacturers (Anfavea), confirmed the forecasts made by the entity in December.

In all there were 2.45 million vehicles manufactured last year, 10.7% more than in 2004 and a record in the sector’s history. The registration of new vehicles in the internal market reached 1.71 million units, an increase in 8.6% in relation to 2004.

Exports in turn yielded US$ 11.2 billion, value 33.5% greater than that registered in 2004 and also a record for the sector. The total includes the shipment of vehicles, automatic agricultural machinery (tractors and harvesters), motors and components, where the vehicles segment responded for 81.9% and that of agricultural machineries for 18.1%.

The production of agricultural machinery, however, decreased in 23.8% in comparison to 2004 and stayed in 69,400 units. Internal sales of these products also dropped, some 23,200 units were traded, 38.5% less than in 2004.

Anba

Tags:

You May Also Like

Brazzil Magazine covers

Brazil: Sitting in the Shadow of Sarney and Magalhães

During his recent testimony to the Senate economic committee, Brazil’s Finance Minister, Antonio Palocci, ...

Brazzil Magazine covers

US Ready to Lend Brazil US$ 10 Billion for Oil Exploration

Brazil's Planning Minister Paulo Bernardo da Silva revealed that the United States is prepared ...

Brazzil Magazine covers

Brazil Keeps Key Interest at 8.75% and Cuts Swap Line with US

Brazil’s Copom (the Monetary Policy Committee at the Central Bank) for the sixth consecutive ...

Brazzil Magazine covers

In the Middle East Brazil Still Can Make Deals

Brazilian businessmen who participated in the Big 5 Show, a trade fair for the ...

Brazzil Magazine covers

Tupi or not Tupi or Only Cannibalism Unites Us Brazilians

“Every Brazilian, even the light skinned fair haired one carries about him on his ...

Brazzil Magazine covers

Brazil Launches Ten-Year Plan to Boost Foreign Tourism Income by 300%

In ten years Brazil wants to increase the inflow of funds coming from foreign ...