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08 Jan
11:27

Brazil raises automotive output in 2019, outlook positive

The Brazilian automotive sector increased production for the third consecutive year in 2019, in line with the improvement in the domestic economy, Kallanish notes. Local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea) estimates the positive momentum should continue in 2020, with the exception of exports. “The country’s vehicle production rose again, despite lower export volumes,&r…
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