Brazil’s automotive industry paralysed in the second half of March
By Marcus Williams2020-04-15T10:57:00
Robust growth in Brazil’s automotive market for the first two weeks of March has been sharply undermined by the collapse of the industry in the second two weeks because of coronavirus, according to National Association of Automobile Manufacturers (Anfavea)…
Robust growth in Brazil’s automotive market for the first two weeks of March has been sharply undermined by the collapse of the industry in the second two weeks because of coronavirus, according to National Association of Automobile Manufacturers (Anfavea).
Compared to the same month last year, March 2020 saw an overall drop in production, sales and exports of 21%, and compared to February this year the retraction was 18% in sales and exports.