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Brazil's automobile production decreased in July

According to statistics from the Brazilian Association of Automotive Vehicle Manufacturers (Anfavea), Brazil's automobile production fell on a monthly basis in July.

Brazil's automobile production decreased in July

According to the Brazilian Association of Automotive Vehicle Manufacturers (Anfavea), Brazil's automobile production decreased by 16.4% to 183,000 in July this year compared to June. Sales, on the other hand, increased by 24% compared to the previous month to 226,000. Exports fell by 27.6% y-o-y to around 30,000 vehicles.

In the first seven months, sales increased by 11.3%, while exports decreased by 10.06% to 258,000 vehicles.

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