São Paulo - Vehicle production in Brazil rose 5.8% in November, when 201,340 units rolled off the assembly lines, as against 190,301 in October. The total so far this year stands at 2.020 million units. This number suggests that the automobile industry should exceed its projected goal and hit a total of approximately 2.2 million by the end of the year, an historical record for the sector. The good performance is mainly attribute to exports, even though they dropped 6.6% in November.
On the domestic market, sales of domestic and imported vehicles increased 1.4%. To meet demand, manufacturers have hired new workers over the course of the year. Nearly ten thousand new jobs have been created.
Agência Brasil
Reporter: Marli Moreira
Translator: David Silberstein
12/06/2004