Brazil's motor vehicle output up 14.6 percent in Q1

Thursday, 12 April 2018 16:49:18 (GMT+3)   |   Istanbul
       

Brazil's motor vehicle output (excluding agricultural vehicles) in March this year increased by 25.3 percent from the previous month and rose by 13.5 percent year on year to 267,500 units, according to the Brazilian Motor Vehicle Manufacturers Association (Anfavea). Meanwhile, in the first quarter of 2018, the country's motor vehicle output (excluding agricultural vehicles) grew by 14.6 percent year on year to 699,660 units.

New motor vehicle registrations (excluding agricultural vehicles) in Brazil totaled 207,400 units in March this year, up 32.2 percent compared to February and up 9.6 percent year on year. In the January-March period, the country's new motor vehicle registrations (excluding agricultural vehicles) increased by 15.6 percent year on year to 545,540 units. 

Meanwhile, Brazil's motor vehicle exports in March (excluding agricultural vehicles) totaled 67,488 units, rising by 1.8 percent compared to the previous month and down 2.6 percent year on year. In the first quarter, Brazil's motor vehicle exports totaled 180,200 units, up 3.3 percent year on year.


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