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09 Apr
13:23

Brazil’s automotive production improves sequentially in March

Brazil’s automotive sector’s performance improved month-on-month in March. Results, however, were weaker compared with the same period in 2023, Kallanish notes. According to the local automotive association Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), production increased by 3.2% m-o-m in March to 195,751 vehicles. Output, however, was 11.8% less than the 221,835 units produced in March 2023. The rece…
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