Brazil's motor vehicle output up 4.7% in July from June

Friday, 05 August 2016 17:11:45 (GMT+3)   |   Istanbul
       

Brazil's motor vehicle output (excluding agricultural vehicles) in July this year increased by 4.7 percent from the previous month and fell by 15.3 percent year on year to 189,907 units, according to the Brazilian Motor Vehicle Manufacturers Association (Anfavea). Meanwhile, in the January-July period of this year, the country's motor vehicle output (excluding agricultural vehicles) declined by 20.4 percent year on year to 1,205,410 units.
 
New motor vehicle registrations (excluding agricultural vehicles) in Brazil totaled 181,408 units in July this year, up 5.6 percent compared to June and decreasing by 20.3 percent year on year. 13.5 percent of this figure consisted of imported new vehicles. In the first seven months, the country's new motor vehicle registrations (excluding agricultural vehicles) decreased by 24.7 percent year on year to 1,164,944 units. 14.1 percent of this figure consisted of imported new vehicles.
 
Meanwhile, Brazil's motor vehicle exports in July this year (excluding agricultural vehicles) totaled 45,552 units, increasing by five percent compared to the previous month and up 61 percent year on year. In the January-July period of this year, Brazil's motor vehicle exports totaled 272,205 units, up 20 percent year on year.

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