SAO PAULO, Sept 10 (NNN-CMA) – Brazil’s vehicle production grew 43.9 percent in Aug, year on year, the National Association of Automotive Vehicle Manufacturers reported, yesterday.
According to the report, 237,961 units were manufactured in Aug, compared to 165,330 in the same month of 2021.
Automotive production in Brazil, Latin America’s largest economy, increased 8.7 percent in Aug compared to July.
Meanwhile, 46,793 vehicles, including cars, trucks, buses and agricultural machinery, were sold abroad in Aug, up by 58.9 percent from the same month last year.
“For the first time in a year-and-a-half, we managed to operate without any factory completely shutting down in Aug,” said Marcio de Lima Leite, president of the association. “The flow of semiconductors has finally started to improve, although we are still going through a supply restriction phase.”
Leite said, the market in general performed well in Aug, with sale orders of 209,000 units, the best in 19 months.– NNN-CMA
