Brazilian motor vehicle production and sales plunged in May due to a 10-day nationwide truckers’ strike, the National Motor Vehicle Manufacturers Association (Anfavea) said Wednesday. May production of 212,300 was down 20% from April and 15% from May of 2017. Domestic sales of 201,900 were off 7% against April but managed to eke out a gain of 3% against May of last year. The truckers’ strike caused delays in delivery of raw materials and parts to assembly lines, halting production in some plants. The strike also led to delays in deliveries of finished motor vehicles to customers. The strike ended on May 31. However, effects lingered into June, which could also see depressed production and sales figures. Overall, Brazilian auto makers are still having a good year. January through May production was 1.178 million units, up 12% from 2017, while domestic sales of 964,770 were up 17% against the same period a year ago. The industry is recovering from a long recession, aided by lower interest rates.
Link to Anfavea releaseMore Testimonials