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08 Mar
08:37

Brazil's automotive output falls in February, outlook negative

Brazilian automotive production and exports both fell year-on-year in February, according to data issued by local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), monitored by Kallanish. The sector saw its performance impacted by the lower supply of steel and components. Production should be reduced again in March in view of the already announced closing of General Motors’ three prod…
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