Vehicle production in Brazil increased by 17.4 percent in February from a year earlier, the National Association of Automotive Vehicle Manufacturers (Anfavea) reported.
Brazil Sees Sharp Decline in Vehicle Exports riotimesonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from riotimesonline.com Daily Mail and Mail on Sunday newspapers.
The deteriorating Argentine political and financial situation is already affecting some sectors of the Brazilian economy. Representatives from associations linked to manufactured products reported a decline in exports this year. They expressed concern over potentially worsening shipment figures until December when Argentines will decide on the country’s new president.
Lula has seen a 13 percent drop in his approval rating as his government deepens austerity policies designed to guarantee profits and foreign debt payments.
Brazil: vehicle production falls 19.4% with paralysis of assemblers in April riotimesonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from riotimesonline.com Daily Mail and Mail on Sunday newspapers.