Brazil vehicle output down 3.5% in Feb - Anfavea

March 06, 2021 / www.metalbulletin.com / Article Link

Brazilian auto vehicle production fell by 3.5% in February 2021 compared with the corresponding month of 2020 on low exports and raw material supply disruptions, national automaker association Anfavea said on Friday March 5.

The country produced 197,035 units in February, down from 204,206 units year on year. This is the lowest level recorded since 170,700 units in July 2020 - when the industry was still recovering from the effects of the Covid-19 pandemic - and the weakest February figures since 2016.
According to the Anfavea president, Luiz Carlos Moraes, the decrease was a result of lower exports and some raw material supply disruption to auto facilities. For example, a few manufacturing sites had to close temporarily due to a worldwide chip shortage, Moraes said.

"Every day has...

Recent News

Gold's Bull Market Pullbacks

April 28, 2025 / www.canadianminingreport.com

Gold stocks down on metal drop

April 28, 2025 / www.canadianminingreport.com

Investment banks ahead of the gold price, institutions still behind

April 21, 2025 / www.canadianminingreport.com

Gold stocks up, juniors outperform on small cap strength

April 21, 2025 / www.canadianminingreport.com

Gold stocks rebound to new highs

April 14, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok