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11 Apr
10:03

Brazilian car industry recovers in March

Brazil’s automotive sector saw performance improve on-month in March, Kallanish notes. Production and domestic sales, however, fell compared to the same period in 2021. First-quarter performance was also down on-year. Despite the Q1 deceleration, local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea) estimates production in 2022 to reach 2.46 million units, up 9.4% year-on-year. Meanwhile,…
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