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Automotive Jan, 22, 2025 0

Vehicle Imports Grow 141%, Driven by Electric and Hybrid Models

Vehicle imports in Brazil recorded an impressive 141% growth in 2024 compared to the previous year, according to data released by the Brazilian Association of Importing and Manufacturing Companies of…
Automotive Jan, 15, 2025 0

Brazil Becomes a Dumping Ground for Chinese Cars, Says Anfavea President

With a 30% increase in vehicle imports in 2024, driven by the arrival of Chinese electric cars, Brazilian automakers are pushing for measures to protect the local industry. According to…
Automotive Jan, 13, 2025 0

Cars and Coffee Drive Espírito Santo’s Foreign Trade to Historic Records in 2024

Espírito Santo state ended 2024 with an impressive foreign trade performance, reaching a total trade value of $24.5 billion (R$150 billion), a 27.1% increase compared to 2023, when the total…
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…