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Automotive Sales, Production to Grow in Brazil in 2017

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – After a year of declines in both vehicle production and sales, automakers expect the market to recover in 2017 according to the National Automobile Manufacturers Association (Anfavea).

Anfavea estimates that sales will grow by four percent this year compared to the 2.05 million units sold in 2016, and that exports will be one of the deciding factors in this increase. For auto production, the entity forecasts a 11.9 percent increase, to 2.41 million units.

“The issue of export is fundamental so that we may use our productive . . .

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