Brazil's motor vehicle output down 16.8 percent in H1

Tuesday, 08 July 2014 15:50:36 (GMT+3)   |   Istanbul
       

Brazil's motor vehicle output in June this year decreased by 23.3 percent from the previous month and fell by 33.3 percent year on year to 215,934 units (excluding agricultural vehicles), according to the Brazilian Motor Vehicle Manufacturers Association (Anfavea). Meanwhile, in the first half of this year, the country's motor vehicle output (excluding agricultural vehicles) decreased by 16.8 percent year on year to 1,566,049 units.

New motor vehicle registrations (excluding agricultural vehicles) in Brazil totaled 263,564 units in June this year, down 10.2 percent compared to May and decreasing by 17.3 percent year on year. 17.8 percent of this figure consisted of imported new vehicles. In the first half of the current year, the country's new motor vehicle registrations (excluding agricultural vehicles) decreased by 7.6 percent year on year to 1,662,920 units.

Meanwhile, Brazil's motor vehicle exports in June this year (excluding agricultural vehicles) totaled 24,199 units, decreasing by 31.2 percent compared to the previous month and down 51.1 percent year on year. In the January-June period this year, Brazil's motor vehicle exports totaled 169,457 units, down 35.4 percent year on year.

Meanwhile, in June the revenue generated by Brazilian motor vehicle exports (including agricultural vehicles) decreased by 23.7 percent month on month to $854.83 million, declining by 39.4 percent year on year. In the first half of the current year, in Brazil the revenue generated by motor vehicle exports (including agricultural vehicles) decreased by 23.1 percent year on year to $6.01 billion. 


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