Vehicle production in Brazil is rising this year on the back of higher demand for Brazilian-made products at home and overseas.
Total vehicle production in the first four months reached 1,126,066 units, 22.6% ahead of last year. Light vehicle output was 873,366 units in the period, 20.6% up on last year.
The Brazilian market is continuing to grow on last year, but a strong surge in exports is also feeding through to higher production levels.
Exports of vehicles in the first four months reached 217,779 units – some 78% ahead of the same period last year.
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By GlobalData