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19 Dec
16:27

Brazil's 2016 automotive production to fall over 10%

The Brazilian automotive sector is set to register another decline this year, with production falling since the peak of 2013, Kallanish learns from local automotive association Anfavea. This year the country will produce little more than 2 million vehicles, which could be a decrease of at least -11% year-on-year and over -40% compared to 2013, the best year recorded for this industry. While a mild recovery could be possible next year, Anfavea noted that …
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