Brazil's motor vehicle output up 5.2 percent in October

Friday, 09 November 2018 17:51:20 (GMT+3)   |   Istanbul
       

Brazil's motor vehicle output (excluding agricultural vehicles) in October this year increased by 17.8 percent from the previous month and rose by 5.2 percent year on year to 263,262 units, according to the Brazilian Motor Vehicle Manufacturers Association (Anfavea). Meanwhile, in the January-October period of 2018, the country's motor vehicle output (excluding agricultural vehicles) grew by 9.9 percent year on year to 2,458,329 units.

New motor vehicle registrations (excluding agricultural vehicles) in Brazil totaled 254,732 units in October this year, increasing 19.4 percent when compared to September and up 25.6 percent year on year. In the January-October period, the country's new motor vehicle registrations (excluding agricultural vehicles) increased by 15.3 percent year on year to 2,100,957 units.

Meanwhile, Brazil's motor vehicle exports in October (excluding agricultural vehicles) totaled 38,734 units, decreasing by 1.8 percent compared to the previous month and down 37.3 percent year on year. In the first ten months of the current year, Brazil's motor vehicle exports totaled 563,025 units, down 10.9 percent year on year.


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