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08 Mar
13:29

Brazil automotive industry slows in January, outlook positive

Brazil’s automotive sector saw its performance dip in January, Kallanish notes. Production, exports and domestic sales all fell compared to December. These were also weak year-on-year amid the persisting global semiconductor shortage. Despite the poor start to the year, the local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea) estimates production in 2022 will reach 2.46 million units, up…
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