Car Sales Fall 10% in Brazil. Exports Also Down 7%.

Sales of domestic and foreign vehicles in Brazil fell 9.6% in June in comparison with May, according to the monthly balance released today, July 6, by the National Association of Motor Vehicle Manufacturers (ANFAVEA).

148,384 units were sold, as against 164,132 in the previous month. June’s total was nearly the same as in June, 2005, when 148,491 units were sold. This year’s cumulative sales from January to June amounted to 861,225 units, 7.6% more than last year’s total of 800,128 units during the same six-month period.

Total production was also off, 6.7% in relation to May’s figures (225,831 units, as against 241,999), and 1.5% in relation to June, 2005, when 229,342 vehicles were built.

Overall production so far this year was up 4.4% in comparison with the same period last year (1,302,281 units, as against 1,247,753). Production of agricultural machines was down by 6%.

Brazil also exported fewer vehicles in June (72,190 units, as against 77,829 in May), a decrease of 7.2%. The decline was even greater (17.8%) in comparison with June, 2005, when exports totaled 87,808 units.

But Brazilian sales of agricultural machines abroad rose by 11.9%, from 1,856 in May to 2,076 in June. In comparison with June, 2005, when 3,356 units were exported, there was a drop of 38.1%.

ABr

Tags:

You May Also Like

In Brazil and Latin America 85% Say No to Bush

Washington rumbles with suppressed outrage over Latin America’s latest demonstrations of its sovereignty – ...

Brazil’s Development Bank Lends US$ 14.8 Billion

The Brazilian Development Bank (BNDES) spent US$ 14.8 billion in loans last year. According ...

Amazon Fair in Brazil Draws Buyers from US, Canada and Japan

US$ 10 million in contracts were generated last week in Brazil during the business ...

Brazil’s Minister Wants End to Visa for Americans

Brazil’s Minister of Tourism, Walfrido Mares Guia, urged, yesterday, passage of a bill ending ...

Brazil Can Count on Portugal for UN Council Seat

In a press conference in BrasÀ­lia at the residence of the new Portuguese Ambassador to ...

Rio Number 1 Destination for Foreigners in Southern Hemisphere

A survey issued by consultancy firm Euromonitor International shows that Rio de Janeiro, host ...

Spanish Oil Company Uses Seismic Imaging Technology off Brazil’s Coast

Spain-based oil and gas company Repsol, which operates in over 30 countries, has begun ...

Argentina Is No Brazil Yes Man, Says Minister Sigal

Argentina “needs” Brazil as a good trading partner on equal footing but not at ...

UK Looking Forward to Serious Business when Brazil’s Lula Visits London

The United Kingdom wants to deepen political and economic relations with Brazil, after the ...

Bovespa, São Paulo, Brazil, stock market

Brazil’s Stock Market – the Path to Riches or Rags?

I have just read an interesting book called "Emerging Markets" published by the Economist. ...