Brazil's motor vehicle output up 18.6 percent in August from July

Friday, 07 September 2018 16:21:37 (GMT+3)   |   Istanbul
       

Brazil's motor vehicle output (excluding agricultural vehicles) in August this year increased by 18.6 percent from the previous month and rose by 11.7 percent year on year to 291,400 units, according to the Brazilian Motor Vehicle Manufacturers Association (Anfavea). Meanwhile, in the January-August period of 2018, the country's motor vehicle output (excluding agricultural vehicles) grew by 12.8 percent year on year to 1,971,750 units.

New motor vehicle registrations (excluding agricultural vehicles) in Brazil totaled 248,600 units in August this year, increasing 14.3 percent when compared to July and up 14.8 percent year on year. In the January-August period, the country's new motor vehicle registrations (excluding agricultural vehicles) increased by 14.9 percent year on year to 1,632,890 units.

Meanwhile, Brazil's motor vehicle exports in August (excluding agricultural vehicles) totaled 56,104 units, increasing by 9.2 percent compared to the previous month and down 16.6 percent year on year. In the first eight months of the current year, Brazil's motor vehicle exports totaled 486,463 units, down 4.6 percent year on year.


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