Brazil auto production rose 13pc in October

07 Nov, 2012

 

Automakers in Brazil produced about 318,700 new cars, trucks and buses last month, while sales totaled a bout 341,600 ve hicles, according to data released by industry group Anfavea.

 

Auto output had fallen 14.2 percent and sales contracted 31.4 percent in September.

 

Brazil is a key market for the world's biggest automakers, including Italy's Fiat SpA, Germany's Volkswagen AG and US-based General Motors Co and Ford Motor Co.

 

Copyright Reuters, 2012

Read Comments