São Paulo – Vehicle production in Brazil grew by 5.5% in October compared with September. Last month, 321,800 units were made, as against 304,900 in the month before.
According to an overview disclosed today (8th) by the National Association of Vehicle Manufacturers (Anfavea), from January until October this year, 3.04 million vehicles have been manufactured. The output was 15.3% higher than in the same period of 2009 (2.64 million units).
Despite the increased output, the number of new vehicles registered dropped by 1.3% from September to October, according to the Anfavea. In September, 307,100 new vehicles were licensed, as against 303,200 in October.
The number of new vehicles licensed has increased by 8% so far this year. From January until October, 2.81 million vehicles have been licensed, as against 2.6 million in the same period last year.
*Translated by Gabriel Pomerancblum
