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  HOME | Brazil (Click here for more)

Brazilian Auto Production Falls 27.8%

SAO PAULO Ė Brazilís auto industry produced 482,300 vehicles in the first quarter, down 27.8 percent from the same period of 2015, the National Association of Automobile Manufacturers reported Wednesday.

Though production increased 42.6 percent between February and March to 195,300 units, last monthís output was still 23.7 percent off the pace of March 2015.

First-quarter sales totaled 481,300 vehicles, a 28.6 percent decrease compared with the first three months of 2015.

Sales in March increased 22.1 percent from the previous month to reach 179,200 units, still 23.6 percent below the level of March 2015.

Brazilís auto sector continued cutting jobs in the first three months of the year.

The industry workforce stood at 128,520 on March 31, a decline of 8.7 percent from a year earlier.

Exports were the bright spot for Brazilís battered auto industry, with 98,900 units sold abroad in the January-March period, a 24 percent increase over the first quarter of last year.

 

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