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09 Jan
13:26

Brazilian automotive performance grows in 2022, outlook positive

Brazil’s automotive sector increased production and exports in 2022, Kallanish notes. According to local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), the sector is expected to continue improving its main indicators this year. According to Anfavea, 2023 production is expected to reach 2.42 million units, up 2.2% year-on-year. Domestic sales should rise 3% y-o-y to 2.16m vehicles, while…
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