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09 Nov
14:05

Brazil's automotive production down 30% in October

Brazilian automotive production fell by -30.1% on-year in October to 205,020 vehicles, Kallanish learns from Brazilian automotive manufacturers group Anfavea. Production in the first ten months of the year fell -21% y-o-y to 2.1 million units. According to the Brazilian steel institute, Instituto Aço Brazil (IAB), this was the worst October for production in the last ten years. The country’s automotive sector is deeply affected by …
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