Automotive Archives - Page 16 of 23

Automotive Feb, 02, 2022 0

Volvo to invest R$ 1.5 billion in Brazil

This Wednesday, February 2nd, Volvo announced a new investment plan totaling R$ 1.5 billion to be disbursed between 2022 and 2025. The company will allocate the resources mainly to develop…

road equipment industry / Setor de implementos rodoviários

Automotive Jan, 11, 2022 0

Road equipment industry grows in 2021 and returns to normal standing

The road equipment industry was able to grow despite the pandemic and the worsening of economic conditions seen in the last few months of 2021. Apart from high-interest rates and…

Automotive Jan, 07, 2022 0

Brazilian vehicle industry rebounds despite global electronic components crisis

The figures for the end of 2021 were issued by the National Association of Automotive Vehicle Manufacturers (ANFAVEA), showing that the Brazilian vehicle industry improved compared to the critical levels…

Automotive Jan, 06, 2022 0

Agricultural machinery sales fall 15.9% in November compared to October

Sales of agricultural machines, including tractors and harvesters, totaled 5.2 thousand units in November, a drop of 15.9% compared to the total in October. Fenabrave, a group that represents used…

Automotive Dec, 29, 2021 0

Brazil reduces import taxes on car parts to 2%

The Executive Management Committee (Gecex) of the Foreign Trade Chamber (Camex) of the Ministry of Economy of Brazil reduced taxes levied on the import of 12 auto parts produced internationally…

Automotive Dec, 14, 2021 0

Cargo transport sector fears the end of zero import tax rate for truck tires

Tire imports are still suffering from the effects of the pandemic. The rise in the dollar and the price of international freight squeezed profit margins and even removed many importers…

Automotive Nov, 18, 2021 0

YTD motorcycle exports up 79.8% with increased sales to Argentina, Colombia, and the USA

With a strong increase in exports to Argentina, Colombia, and the United States, year-to-date Brazilian motorcycle exports have increased 79.8% compared to the same period in 2020. In the first…

Automotive Nov, 09, 2021 0

Vehicle exports down 4.6% in October but YTD numbers up 26.8%

The monthly report released on November 8 by ANFAVEA (the national association of automotive vehicle manufacturers) shows a 4.6% drop in Brazilian vehicle exports in October when compared to the…

Automotive Oct, 16, 2021 0

Motorcycle sales down 13.1% in September

Motorcycle exports fell 13.1% in September to 4,872 units, a drop of 13.1% compared to the month of August when 6,607 units were shipped. But in comparison with September last…

Automotive Oct, 07, 2021 0

Lack of agricultural machinery worries producers

The lack of tractors and other agricultural machines on the market is worrying farmers. These sales are heated this year, according to FENABRAVE (the national federation of automotive vehicle distribution).…