Brazilian vehicle production down 7.1%, exports down 7.9% in November

On December 5, the Associacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA) announced that Brazilian vehicle production (excluding CKD production) in November 2019 of 227,455 units represented an derease of 21.2% from October, and a 7.1% decrease from November one year ago.
Of the vehicles produced in November, 186,422 were passenger cars; 30,223 were commercial vehicles; 8,764 were trucks, and 2,046 were buses.
A total of 2,774,484 vehicles were produced in the first eleven months of 2019, a 2.7% increase from the same period in 2018.
Exports of 31,734 assembled vehicles in November represented a increase of 5.9% from October, and a 7.9% decrease from the units exported in November 2018.
Of the vehicles exported in November, 25,129 were passenger cars; 4,718 were commercial vehicles; 1,242 were trucks, and 645 were buses.
Vehicle exports in the first eleven months of 2019 totaled 399,197 units, a 33.2% decrease from the same period in 2018.
A total of 474 complete knock down (CKD) kits were exported in November, comprised of 10 passenger car, 380 truck, and 84 bus kits.
(ANFAVEA release on December 5, 2019)