Vehicle production declines 21% in September, says Anfavea – Prime Time Zone

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Perspective is of small growth in the year, from 6% to 10%

Government of the State of Rio de Janeiro/Disclosure/04.05.2017Lack of parts decreased car production in Brazil

A vehicle production retreated 21% in September with the same month last year in a reflection of the lack of parts in factories. The president of the National Association of Automotive Vehicle Manufacturers (ANFAVEA), Luiz Carlos Moraes, redoes the downward projections and regrets not being able to meet consumer demand. “The automotive sector, unfortunately, will have a small growth in terms of production, from 6% to 10%. And this has an impact on the entire production chain and on the PIB do Brasil. We have to look at this when closing the GDP. Our industry is very relevant to the country’s industrial GDP and GDP. Unfortunately, we will have a much smaller recovery than we would have liked for this year”, he says. In September, the sector manufactured 173,000 light commercial cars, trucks and buses. Last year, marked by the pandemic, the industry produced two million vehicles and expected to reach 2.5 million in 2021. In the year, the result is 24% higher than the first nine months of 2020. The normalization of the production chain is expected for the second half of 2022.

*With information from reporter Marcelo Mattos