Brazilian vehicle output down 21% in March on coronavirus-related stoppages

Vehicle production in Brazil fell by 21.1% year on year in March due to lockdowns introduced to contain the Covid-19 pandemic in the last 15 days of the month, car manufacturer association Anfavea said on Monday April 6.

Output was 189,958 units during the month, compared with 240,763 units a year before. Production also fell by 7% in comparison with February data, which was 204,200 units.
Over the past two years, only December figures were lower than the numbers reported for March 2020. December is a seasonally weaker month for car production because manufacturers tend to grant year-end holidays, as demand is lower.

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