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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…
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…