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Automotive Nov, 06, 2024 0

Record October Sales and Rebound in Exports Keep Brazil’s Vehicle Production Strong

October marked a vehicle sales milestone not seen in Brazil since December 2014. A total of 264,900 vehicles were registered, surpassing December 2019’s volume, the highest in nearly a decade.…
Automotive Oct, 25, 2024 0

Brazil’s BYD Factory Launch Faces Delays as Equipment Awaits Tariff Exemption Decision

According to Alexandre Baldy, senior vice president for BYD in Brazil, BYD’s machinery for its hybrid and electric vehicle plant in Camaçari, Bahia, has been stuck at the Port of…
produção de veículos 2019 - cars production
Automotive Oct, 08, 2024 0

Brazil’s Vehicle Exports Surge in Q3 Despite Year-to-Date Decline

Vehicle production in Brazil reached 230,000 units in September, marking an 11.4% decline compared to August, according to data released on Monday (7th) by the National Association of Motor Vehicle…
Shipping Sep, 24, 2024 0

BYD prepares second ship to boost electric car exports

BYD is gearing up to launch another large vessel to expand its global exports, transporting thousands of electric and plug-in hybrid cars as part of its aggressive worldwide expansion. In…
Automotive Sep, 20, 2024 0

Scania to Boost Engine Production by 5% in São Bernardo Amid Rising Demand

Scania plans to increase its engine production by 5% by December, raising the capacity of its São Bernardo do Campo plant to 40,000 units per year. Due to heightened demand…
Automotive Sep, 12, 2024 0

Chinese brands dodge tax with stock

Since the government announced the gradual reinstatement of the Import Tax on electric and hybrid cars, the tax has been increased twice, in January and July. However, Chinese brands, which…
Automotive Sep, 06, 2024 0

Stellantis targets exports with new investment in Argentina

Stellantis announced last Thursday (Sept. 5) a $385 million investment in its Córdoba plant in Argentina. The funds are part of a regional investment cycle the company announced in March,…
Automotive Aug, 27, 2024 0

Timbro Imports Neary 10,000 Light and Heavy Vehicles in First Half of the Year

Timbro, an international business and trade platform, wrapped up the first half of the year with over 9,800 light and heavy vehicles imported. Espírito Santo’s ports alone (Vitória and Vila…
Automotive Aug, 26, 2024 0

Surge in Electric Vehicle Imports from China Causes Ripple Effect on Brazilian Freight

The inbound shipments of electric vehicles produced in China, particularly from BYD, have significantly impacted products with lower added value in Brazil due to a cascading effect on costs. This…
Automotive Aug, 15, 2024 0

Brazil Auto Parts Industry Sees 18% Export Decline, Trade Deficit Widens

With imports up 5.6%, driven primarily by increased purchases from China, and exports down 18% in the year through July, the auto parts industry in Brazil reported a negative trade…