World
        

Economy

Vehicle production in Brazil hits record high

Updated: 2010-12-07 12:23

(Xinhua)

Twitter Facebook Myspace Yahoo! Linkedin Mixx

RIO DE JANEIRO - Vehicle production in Brazil reached a record-high 3.35 million units in the first 11 months of 2010, up 14.6 percent from the same period last year, the National Automakers' Association (Anfavea) said Monday.

Related readings:
Vehicle production in Brazil hits record high Brazil's ambassador of climate change talks to China Daily in Mexico
Vehicle production in Brazil hits record high Economy is priority for leader in Brazil
Vehicle production in Brazil hits record high Brazil to elect first woman president
Vehicle production in Brazil hits record high Brazil's Amazon region suffers severe drought

The figures surpass the vehicle production registered in the entire year of 2009 - 3.18 million units. Anfavea expects a total production of 3.6 million vehicles in 2010.

In November, a total of 321,084 vehicles were produced in Brazil, up 1.6 percent from October and 10.1 percent year on year.

The production of cars and light vehicles increased 12.7 percent from January to November to 3.13 million units, while the production of trucks was up 58 percent, reaching 175,785 units. The production of buses stood at 43,549 units, up 34.4 percent from the same period last year.

Vehicle exports totaled 716,189 units, up 70 percent from the January to November 2009 period. The income generated by those exports reached $11.7 billion, up 58.1 percent year on year.

The rise in production reflected an increase in the employment levels in the automotive sector. According to Anfavea, 135,913 people worked in the automotive industry by late November, up 0.5 percent from October and 9.7 percent year on year.

E-paper

Ear We Go

China and the world set to embrace the merciful, peaceful year of rabbit

Preview of the coming issue
Carrefour finds the going tough in China
Maid to Order

European Edition

Specials

Mysteries written in blood

Historical records and Caucasian features of locals suggest link with Roman Empire.

Winning Charm

Coastal Yantai banks on little things that matter to grow

New rules to hit property market

The State Council launched a new round of measures to rein in property prices.

Top 10 of 2010
China Daily in Europe
The Confucius connection