Brazil's motor vehicle output up 25.1 percent in May from April

Wednesday, 07 June 2017 17:43:31 (GMT+3)   |   Istanbul
       

Brazil's motor vehicle output (excluding agricultural vehicles) in May this year increased by 25.1 percent from the previous month and rose by 33.8 percent year on year to 237,060 units, according to the Brazilian Motor Vehicle Manufacturers Association (Anfavea). Meanwhile, in the January-May period of this year, the country's motor vehicle output (excluding agricultural vehicles) grew by 23.4 percent year on year to 1,037,138 units.
 
New motor vehicle registrations (excluding agricultural vehicles) in Brazil totaled 195,562 units in May this year, up 24.6 percent compared to April and increasing by 16.8 percent year on year. In the first five months, the country's new motor vehicle registrations (excluding agricultural vehicles) increased by 1.6 percent year on year to 824,491 units. 
 
Meanwhile, Brazil's motor vehicle exports in May this year (excluding agricultural vehicles) totaled 73,426 units, increasing by 21 percent compared to the previous month and up 51.1 percent year on year. In the January-May period of this year, Brazil's motor vehicle exports totaled 307,558 units, up 61.8 percent year on year.

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