AE Brazil reports that Brazil’s production of automobiles and light utility vehicles in August stood at 203,978 units, up 5.4% from July and 8.7% higher than in August 2004, according to data released by local auto industry association ANFAVEA.
Go deeper with GlobalData
August sales rose 16.6% on last year to 135,981 units. Year-to-August sales totalled 1.026 million units, representing a 15% increase from the same period last year.
Exports totalled 60,250 units in August, down 7.3% on last year.
ANFAVEA revised up its production forecast for 2005 to 2.45 million vehicles from 2.3 million units previously.
The projection means an 11% increase from the 2004 result.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataDomestic sales, meanwhile, should increase 5% this year, to 1.66 million units, ANFAVEA forecasts.
