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09 Nov
09:19

Brazil’s automotive production recovers amid chip crisis

Brazil’s automotive sector continued its recovery in October, Kallanish notes. Production, exports and domestic sales all rose compared to September, but performance remains weak year-on-year amid the persisting global semiconductor shortage. According to local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), production increased 2.6% month-on-month in October to 177,864 vehicles. Output,…
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