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Brazilian automotive industry / ANFAVEA
Automotive Aug, 07, 2024 0

Brazilian Auto Exports Decline, but July Shows Promise

Auto exports from Brazil remain in decline. From January to July, 204,300 units were shipped, a 21.7% decrease compared to the same period in 2023, according to data from the…
Automotive Jul, 26, 2024 0

FT: Carmakers face a painful hit from this consumer crash

The post-pandemic consumer boom has lasted longer than expected. But the lesson from recent results is that — at some point — depleted wallets snap shut. Ryanair signalled the end…
vehicle exports in Brazil
Automotive Jul, 05, 2024 0

Brazil automakers association lowers 2024 production, export estimates

Brazilian automakers association Anfavea on Thursday lowered its projections for vehicle production and exports in 2024, although total sales are now expected to rise more than previously expected. Total vehicle…
Automotive Jul, 05, 2024 0

Auto parts industry ask for increased strictness in the inspection of imported items in Brazil

Automakers in Brazil want foreign electric and hybrid cars to pay the highest possible rate in Import Taxes. Representatives from the auto parts industry presented their concerns to Vice President…
Itajaí Roro 3ª Atracação GM-82
Automotive Jul, 04, 2024 0

Automakers advocate for hike in import tax rate, selective tax waiver

Brazilian automakers argued on Thursday (July 4) that combustion vehicles should be excluded from the so-called selective tax, as outlined in the tax reform regulations, and proposed an increase in…
Automotive Jun, 26, 2024 0

Crisis in Argentina affects exports of Brazilian auto parts

The political and economic situation in Argentina has landed a blow in the Brazilian automotive industry, affecting exports of auto parts between the two nations. According to Sindipeças, sales to…
Ports and Terminals Jun, 26, 2024 0

Wheeled cargo operations reach peak at Rio Grande Port

Operations with wheeled cargo at the Port of Rio Grande reached a peak, exceeding the mark of 2,500 units between January and May 2024. During this period, the port held…
Automotive Jun, 11, 2024 0

Sales of imported cars set to increase in June – Anfavea

Marcio de Lima Leite, president of Anfavea, announced that sales of imported vehicles are expected to rise in June due to upcoming changes in car import taxation, according to Reuters.…
Automotive Jun, 04, 2024 0

BYD exports hit the ceiling with impressive 267% growth

BYD, an emerging power in the electric and plug-in hybrid vehicle industry has seen steady momentum in the global automotive market. The company reported a remarkable 38.13% increase in monthly…
Ports and Terminals May, 29, 2024 0

BYD Explorer 1 Docks at Port of Suape with Record Shipment of 5,500 Vehicles

The BYD Explorer 1, a ship commissioned by the Chinese company to exclusively transport its vehicles worldwide, docked at the port of Suape in Pernambuco on Monday, May 27. This…