Vehicle sales down 24.5% in October in Brazil -Anfavea

New vehicle sales fell 24.5% in October compared to the same month in 2020.

RIO DE JANEIRO, BRAZIL - According to the balance released yesterday, November 8, in São Paulo, by the National Association of Motor Vehicle Manufacturers (ANFAVEA), 162,300 units were sold. However, from January through October, there was a 9.5% increase compared to the same period last year, with 1.7 million vehicles sold.

ANFAVEA chairman Luiz Carlos Moraes says the sales contraction in October is a reflection of the challenges faced by the industry, such as the lack of components in a worldwide shortage. The forecast is that these issues will continue to impact the sector's activities until . . .

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