RIO DE JANEIRO, BRAZIL - The president of Anfavea, Luiz Carlos de Moraes, said during the presentation of the industry results in September that the entity had to revise downward the estimates for sales, production, and exports for this year due to the semiconductor crisis and logistical problems that automakers face in Brazil.
According to him, Anfavea - the Brazilian Automobile Manufacturers' Association - outlined two scenarios for 2021: an optimistic one and a more conservative one. "There is a lot of difficulty on the radar to define the estimates for the last quarter, but we had to calibrate downwards the projections we . . .
To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed? Login Here