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Automotive Dec, 18, 2024 0

Brazil Increases Durable Goods Imports by 53%, Driven by Chinese Electric Cars

The volume of Brazilian imports of durable consumer goods jumped 53.4% between January and November 2024 compared to the same period in 2023. According to the Foreign Trade Indicator (Icomex)…
Automotive Dec, 13, 2024 0

Automakers to Present Export Incentive Proposal to Brazilian Government

Automakers lobby Anfavea is preparing a proposal to the government of Brazil to boost automotive sector exports. During an interview with CNN, Márcio de Lima Leite, the association’s president, voiced…
Automotive Dec, 09, 2024 0

Automotive Industry Secures Special Treatment on EU Imports

The automotive industry has received special treatment under the free trade agreement between the European Union and Mercosur. Currently, Mercosur imposes a 35% import tariff on cars imported from the…
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,…