| Brazilian auto production and sales this year will increase to 3.425 million |
June 6 Brazilian Motor Vehicle Manufacturers Association's latest forecast shows that in 2008 the Brazilian vehicle production will reach 3.425 million, an increase of 15 percent, sales will reach 3.06 million, an increase of 24.2 % Brazilian Motor Vehicle Manufacturers Association said car exports this year, Brazil will be better than previously expected, the export volume will reach 780,000, up slightly by 1 percent, the export value of 14.5 billion U.S. dollars, an increase of 7.4 percent. According to statistics, the first five months this year, the Brazilian domestic vehicle sales to 1.15 million, up 30.3 percent; production was 1.38 million, an increase of 21 percent. The first five months of Brazilian exports of 300,600 cars, down 4.1 percent year-on-year. Brazilian financial media "DCI" recently published report, along with Brazil and Argentina car free trade agreement implementation, the Southern Common Market (Mercosur city) will become the world's fourth largest auto production centres. Experts predict that the 2013 expiration of the agreement, Brazil's auto production will reach 5 million. |
