Brazilian automotive output steady amid government incentives, association says

The Brazilian automotive industry expects output to be flat for the rest of 2023, but it believes production and sales will accelerate next year, according to national automotive association ANFAVEA.

“We don't have any concerns [on not reaching the predicted numbers], but we also don't have reasons to celebrate,” Marcio de Lima Leite, ANFAVEA’s president, said on Tuesday September 5....


Ana Enis

September 11, 2023

22:17 GMT

São Paulo