Trade Resources Industry Trends Brazil's Automotive Sector Turned out 301,679 Units in November

Brazil's Automotive Sector Turned out 301,679 Units in November

Brazil's automotive sector turned out 301,679 units in November down by 5.3% from the previous month but a 10.5% increase from November 2011.

A vehicle-producers association said that production of cars and light commercial vehicles fell 5.4% from October levels to 285,642 units, while truck output slipped 6.8% to 11,822 units. Vehicle sales were off 8.7% in November from the previous month and by 3% interannually.

Anfavea vehicle-producers association said that Brazilian vehicle plants produced 3.08 million units in the first 11 months of the year, a decline of 2.1% from the same period in 2011.

While domestic vehicle sales from Jan 1 to Nov 30 were 4.8% higher than last year.

Brazil exported USD 1.23 billion worth of cars and trucks in November, down 10.2% from the previous month and by nearly 16% from November 2011.

Year to date vehicle exports stood at USD 13.66 billion, a decline of 8.2% from the first 11 months of 2011.

Source: http://www.steelguru.com/international_news/Brazil_November_vehicle_output_falls_by_53_percent/295277.html
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Brazil November vehicle output falls by 5.3%
Topics: Auto Parts