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09 Aug
14:18

Brazil’s July car production reaches 6-year high

The Brazilian automotive sector saw its performance grow month-on-month and year-on-year in July, Kallanish notes. According to the local automotive association, Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), production increased by 16.9% m-o-m in July to 246,721 vehicles. Output was 34.8% more than the 183,016 units produced in the same period last year. The latest volume is the highest since the 288,500 vehicles …
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