The Brazilian automotive association, Anfavea, has cut its forecast for production and sales in 2021, due to a shortage of semiconductors and logistics issues.
Vehicle production is now expected to reach between 2.13-2.22 million units this year, an increase of 6-10% from the 2.01 million units produced in 2020, the association said on Wednesday October 6.The main reasons for the decrease are the global...