Brazil auto output up 70% in June; Anfavea lowers 2021 forecasts

Automotive production in Brazil rose by 69.58% in June over the corresponding month in 2020, on the industry’s recovery from stoppages called during the Covid-19 pandemic last year, automakers’ association Anfavea said on Wednesday July 7.

The figure was lower month on month, however, and supply disruptions have led Anfavea to reduce its estimate for the sector’s full-year 2021 performance.
Vehicle output was 166,947 units in June, up from 98,447 units a year before, Anfavea showed. But volumes were down by 13.43% from 192,843 units produced in May 2021, mostly due to a global shortage of semiconductor chips for onboard electronics, according to the association.

In the first half of the year as a whole, production totaled 1.15 million units, a 57.48% year-on-year increase in comparison with 729,269 units. In 2020, production plants were hit...

Published

Renato Rostás

July 07, 2021

16:35 GMT

São Paulo