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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…
Automotive May, 28, 2024 0

Brazil surpasses Belgium as top export market for Chinese EVs, hybrids, data shows

Brazil has overtaken Belgium as the largest export market for Chinese new energy vehicles, industry data showed, as Chinese carmakers increase sales to non-European markets amid European Union’s anti-subsidy probe…
Automotive May, 23, 2024 0

Ibama Strike Disrupts Imported Vehicle Registrations in Brazil

The ongoing strike by employees of the Brazilian Environmental Institute (Ibama) is causing significant delays in the registration of imported vehicles. As the agency responsible for issuing environmental licenses that…
Automotive May, 21, 2024 0

China EV makers rush cars to Mexico and Brazil amid tariff concerns

Chinese EV makers including BYD are rushing to ship vehicles to Mexico and Brazil in preparation for tariff hikes and other trade restrictions, Nikkei Asia has learned. That comes as…
Automotive May, 09, 2024 0

Anfavea reports sales of 10 thousand cars per day; exports drop

The Brazilian car market has shown positive signs over the past four months, as demonstrated by Márcio de Lima Leite, President of Anfavea, while presenting the sector’s performance from January…
Automotive May, 08, 2024 0

BYD’s First Ro-Ro Ship Sets Sail on Maiden Voyage to South America

The first roll-on/roll-off ship of Chinese new energy vehicle giant BYD has embarked on its first voyage, bound for South America with almost 3,440 NEVs onboard. BYD Pioneer 1 departed…
Automotive May, 06, 2024 0

China accelerates car sales to Brazil to avoid tax

The schedule for increasing import tariffs on electric and hybrid vehicles brought forward the shipment of cars from China to Brazil at the beginning of 2024. China exported $589.9 million…
exportações de automóveis
Automotive Apr, 29, 2024 0

Argentina to Launch Tariff, Tax Cut for Auto Industry

Argentina’s Economy Minister, Luis Caputo, announced on the 26th that the Javier Milei government has opted to reduce tariffs and taxes to support the local automotive sector. The aim is…