Brazilian motor vehicle production and exports continued to soar as of April while domestic sales inched up against the previous-year level, the National Motor Vehicle Manufacturers Association (Anfavea) said Friday. Overall production for the period January through April was 801,600, up 20.9% from the same period a year earlier. Much of that expanded output went to exports, which soared 64.2% against the first four months of last year to 232,192. Domestic sales inched up 2.3% against 2016 to 562,549, Anfavea said. Exports are booming for new motor vehicle accords between Brazil and other Latin American countries. Domestic sales are improving slowly as interest rates ebb and consumer debts continue to shrink, Anfavea said.
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