Production hit its highest level since October last year, and figures were the best for November since 2018, Anfavea president Luiz Carlos Moraes said in a press conference on Monday.
In contrast, volumes during the January-November period amounted to 1.8 million units, down by 35% from 2.77 million units in the corresponding months of 2019.
That growth was at risk, however, due to rising costs, which themselves were partly the result of a proposed steel price increase from steelmakers for annual contracts, and partly due to shortages of material and...
