09
May
14:36
Brazilian automotive output falls 23% in April
Political instability, as well as investors’ and consumers’ lack of confidence continue to hamper the performance of the Brazilian automotive industry, Kallanish learns from Brazilian automotive manufacturers group Anfavea.
Brazilian automotive production continued to decrease in April, reaching a total output of 169,813 units, or nearly -23% less year-on-year. The sector’s output in the first four months of 2016 shrunk by nearly -26%…
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