Industryweek 5404 Cars Group Promo 0
Industryweek 5404 Cars Group Promo 0
Industryweek 5404 Cars Group Promo 0
Industryweek 5404 Cars Group Promo 0
Industryweek 5404 Cars Group Promo 0

Brazil Sells Record 3.8 Million Cars in 2012

Jan. 8, 2013
In 2011 Brazil was the world's seventh largest car manufacturer.

SAO PAULO -- Brazil, the world's fourth largest car market, sold a record 3.8 million vehicles last year, according to industry data released on Monday.

Brazil's National Association of Motor Vehicle Manufacturers (ANFAVEA) reported that sales were up 4.6% on the previous year despite a 1.9% drop in production, the first decline since 2002.

ANFAVEA forecast continued growth of between 3.5% and 4.5% in 2013.

Although overall sales were up, auto exports took a big hit last year, falling 20.1%, from 553,000 vehicles in 2011 to 442,100 last year, the association said.

Industry officials said a troubled global market, especially in Europe, could lead to another overseas sales drop in 2013.

In 2011, Brazil was the world's seventh largest car manufacturer after China, Japan, the United States, Germany, South Korea and India.

Copyright Agence France-Presse, 2013

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!