Brazil to Make Record 2.2 Million Cars in 2004

Brazil’s vhicle production rose 5.8% in November, when 201,340 units rolled off the assembly lines, as against 190,301 in October. The total so far this year stands at 2.020 million units.

This number suggests that the automobile industry should exceed its projected goal and hit a total of approximately 2.2 million by the end of the year, an historical record for the sector.


The good performance is mainly attributed to exports, even though they dropped 6.6% in November.


On the domestic market, sales of domestic and imported vehicles increased 1.4%.


To meet demand, manufacturers have hired new workers over the course of the year. Nearly ten thousand new jobs have been created.


The number of cars manufactured in Brazil had reached 202,800 units in September, according to information disclosed by the Brazilian National Association of Vehicle Manufacturers (Anfavea).


The volume was 2.4% greater than what was registered in August. In relation to September last year, the increase was of 25.3%.


Employment levels in the automotive industry rested in 98,602 people in September, an increase by 0.8% in relation to August. In comparison with September 2003 the increase was of 6.5%.


ABr, Anba

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Foreign Tourists Have Already Brought US$ 2.1 Billion to Brazil This Year

The study Plano Cores do Brasil, meaning The Colors of Brazil Plan, ordered by ...

Enduring Scandal Drags Brazilian Stocks Down

Latin American markets were mostly weaker today, as Brazil posted a more meaningful decline ...

Brazil’s New OAS Ambassador Wants a More Socially Active Organization

Ambassador Osmar Vladimir Chohfi today presented credentials as the new Permanent Representative of Brazil ...

An Ambitious Brazilian Program to Recycle 5,000 Computers a Year

Around 500 machines, including computers, printers, monitors, and other equipment, were delivered recently to ...

In Brazil See-Saw Is Up While Lula Ponders Whether to Run Again

Latin American markets strongly recovered from weakness yesterday, on a Brazilian rally. Political tensions ...

Brazilian Banks Not Known for Generous Lending

The total value of loans made in Brazil in January was US$ 283.406 billion ...

Brazil’s “New Alternative” Campaign Bears Fruit in Middle East

Brazilian companies participating in the Big 5 Show, the largest trade fair in the ...

Brazil Gets WTO’s Green Light to Retaliate Against US

The World Trade Organization has authorized Brazil to retaliate against the United States because ...

Sorry, Says Lula, I’m No Leftist Anymore

Brazilian President Luiz Lula da Silva announced  that he no longer belongs to the ...

Brazilian Colonel Responsible for Carandiru’s Massacre Killed by Own Girlfriend

Less than three weeks after the infamous Brazilian colonel who ordered the massacre of ...