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07 Mar
12:05

Brazil’s automotive production recovers in February

Brazil’s automotive sector saw production and exports improve on-month in February. Cumulative performance remained stable compared to the same period in 2022, Kallanish notes. According to local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), production increased 5.6% on-month in February to 161,181 vehicles. Output, however, was 2.9% weaker compared to 165,935 units a year earlier. Dur…
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