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08 Mar
11:42

Brazil’s automotive industry performance recovers in February

Brazil’s automotive sector saw production and exports improve month-on-month in February. Cumulative performance remained strong compared to the same period in 2023, Kallanish notes. According to local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), production increased 24.3% m-o-m in February to 189,684 vehicles. Output was also 17.4% higher compared to 161,518 units a year earlier. Dur…
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