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12 Sep
14:22

Brazil's auto industry records strong August

Brazilian automotive production and exports improved on-month in August, as did domestic sales. The sector’s performance also remained strong compared to the same period of 2021, Kallanish notes. According to local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), production increased 8.7% on-month in August to 237,961 vehicles. Output was also 43.9% higher compared to 165,330 units a yea…
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