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07 Jun
14:59

Brazilian vehicle production continues to shrink in May

Brazil’s economic crisis continues to affect the performance of the country's automotive industry, Kallanish learns from local automotive manufacturers group Anfavea. Brazilian vehicle production in May shrank by -18% year-on-year to 175,309 vehicles, while output in the first five months of 2016 reached 834,054 units, or -24.3% less compared to that in May 2015. Passenger car production in May dropped by -20.3% y-o-y to 142,638 units. Production in th…
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