Vehicle production up in Brazil, employment down

Output reached 276,000 units in May, up 30% from a year ago. Industry employees declined 1.8% year-on-year.

Agência Brasil
pauta@ebc.com.br

São Paulo – In May, vehicle production in Brazil climbed 29.9% from a year ago. As per data released this Thursday (6) by the National Motor Vehicle Manufacturers Association (Anfavea), 275,700 units were manufactured last month. Compared to April 2019, it was a 3.1% increase.

Anfavea chairman Luiz Carlos Moraes said the significant growth in May 2019 was due to a comparison with a bad month for industry that was May 2018, thanks to the truckers’ strike, which paralyzed cargo road transport in the country. “This growth is partly because the baseline of May last year suffered an eight-year impact,” he said.

Year through May, the industry saw an year-on-year 5.3% growth, with 1.24 million vehicles.

Exports

Exports, however, declined 30.7% last month from a year ago. External sales reached 60.800 units. Year through May, 181,600 vehicles were shipped to other countries, down 42.2% from a year ago. According to Anfavea chairman, external sales are still being impacted by the crisis in Argentina, the leading buyer of Brazilian cars.

Employment

Despite the output increase, the number of people working in the car industry saw a 1.8% decline in May from a year ago. Last survey shows 130,000 employed people in the industry, a slight decline (0.2%) from April.

Translated by Guilherme Miranda

Asscom/Appa

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