Brazil's vehicle production lines all stopped on truck driver strike

By Ana Paula Camargo / May 25, 2018 / www.metalbulletin.com / Article Link

All vehicle production lines in Brazil came to a halt on Friday May 25 due to the continuing strike by Brazilian truck drivers over recent rises in fuel prices.

"The truckers' strike will significantly affect our sales, output and export results," Antonio Megale, president at national automobile association Anfavea, said late on Thursday May 24."The automobile industry generates as much as 250 million Reais [$68.72 million] in taxes per day, and therefore this shutdown will have a strong...

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok