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Brazil

Brazil vehicle production down 26.8%, exports down 41.4% in May 2024 (ANFAVEA)

The Associacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA) announced that Brazilian vehicle production (excluding CKD production) in May 2024 of 166,733 units represented a decrease of 26.8% from May 2023.
The growth rate of vehicle production was interrupted in May due to flooding in Rio Grande do Sul.
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