07
Dec
13:43
Brazilian automotive production falls 34% in November
Brazilian automotive production continued to struggle in November, falling by -33.52% year-on-year to 176,012 vehicles, Kallanish learns from Brazilian automotive manufacturers group Anfavea. Production in the first eleven months of the year fell -22.3%, or 660,000 units, y-o-y to 2.28 million units.
The country’s automotive sector is deeply affected by the contraction of local demand. According to the association, the eleven-month volume of…
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Very good overview of the weekly steel market.
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