Brazil’s motor vehicle output up six percent in August over July
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Brazil's motor vehicle output in August this year increased by six percent from the previous month to 325,300 units, according to the Brazilian Motor Vehicle Manufacturers Association (Anfavea). Brazil's motor vehicle output was up by 5.5 percent in August from the same month of last year.
According to the report, in the January-August period of the current year Brazil's motor vehicle production rose 4.5 percent from the same period last year, totaling 2.34 million units.
New motor vehicle registrations in Brazil amounted to 327,355 units in August this year, increasing seven percent from July this year and up 4.7 percent compared to the same month last year. Of this figure, 236,172 units consisted of new car registrations, increasing by 6.1 percent compared to the July level and down 0.4 percent year on year.
Brazil's motor vehicle imports totaled 73,611 units in August this year, increasing by 9.2 percent from the July level and up 28.6 percent compared to the same month last year. In the January-August period of the current year Brazil's motor vehicle imports totaled 530,998 units, increasing 34.7 percent compared to the same period last year.
Meanwhile, Brazil's motor vehicle exports in August this year totaled 46,502 units, with a 3.5 percent of decrease from the previous month but increasing 4.5 percent year on year. The revenue generated by these exports came to $1.4 billion, increasing by 7.5 percent month on month and up 22.2 percent compared to the same month of 2010. In the first eight months of this year Brazil's motor vehicle exports amounted to 341,320 units, up 5.2 percent compared to the corresponding period last year. The revenue generated by these exports came to $10 billion, increasing by 23.1 percent compared to the same period of 2010