Brazil Made 2.45 Million Vehicles in 2005, a Record

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

‘We Share Same Objectives,” Says Bush Referring to Brazil’s Lula

In an interview with a group of journalists, prior to his departure for Argentina, ...

Why Are Oil-Covered Penguins Washing Up Dead on Brazilian Beaches?

Oil-slicked penguins, possibly thousands of them, washed up dead on the beaches of a ...

Brazil President’s Fight Against Corruption Angers Government Allies

The president of Brazil, Dilma Rousseff, reached out to political allies to stem a ...

Bahia’s Dr. Faustus

When Curitiba, a city on the southern state of Paraná, does something the world ...

A Minute of Silence in Memory of Morality in Brazil

Unfortunately, the corruption scandals involving the Brazilian Senate have become commonplace. It’s worth noting ...

The Many Dangers of Being a Journalist in Brazil

In Brazil, the army’s effort to “pacify” and secure Rio’s favelas and crack down ...

Lula’s Defeat in Congress Should Delay Brazil’s Reforms

Latin American shares again turned to the upside, following weakness in the previous session ...

Brazil Expecting Economy to Shrink 0.30%, Worst in 17 Years

Economists from Brazil are forecasting that Latin America's biggest economy will fall into the ...

Brazil mining

It’s Time Brazil Depend Less on the US and Raw Material

"Brazil is not in charge of its own economy. When the world does good, ...

Chavez & Lula Win. Brazil Senate Votes for Admission of Venezuela into Mercosur

By 35 votes to 27, the Brazilian Senate approved today, December 15, the entry ...