BRAZIL: Exports drive production up in January, but domestic sales are down
The automakers in Brazil produced 146,656 vehicles in January 2003 according to data issued by the Brazilian National Automakers Association (ANFAVEA), an increase of 18.1% over the same month last year.
The automakers in Brazil produced 146,656 vehicles in January 2003 according to data issued by the Brazilian National Automakers Association (ANFAVEA), an increase of 18.1% over the same month last year.
However, January vehicle sales in Brazil declined by 2.3% over last year to 112,046 units.
GM led the Brazilian car market in January with a 26.8% share, with Fiat in second place with 25.6%. Volkswagen was in third place and a share of 22.1%.
In January, Brazil exported 30,904 vehicles – a decline of 25.6 against December’s level, but almost double the level of January 2002 (16,527 units).
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