Brazilian vehicle production is up 15.1% in November over October – ANFAVEA
RIO DE JANEIRO, BRAZIL – Vehicle production in Brazil registered an increase of 15.1% in November (206 thousand units), compared to October (179 thousand units). Compared to November 2020, there was a drop of 13.5%. The data are from the National Association of Motor Vehicle Manufacturers (Anfavea).
There were 173 thousand vehicles licensed last month, a decrease of 23.1% over November 2020. According to Anfavea, this was the worst performance for November in 16 years. Compared to October, there was an increase of 6.5% in licensing.
The entity highlighted the unprecedented supply crisis caused by the global shortage of semiconductors. “Even with a slight improvement of 6.5% in sales compared to October, the results were much lower for a historically warm month,” informed Anfavea.
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