The industry produced 216,500 cars, light com loan credit insurance mercial vehicles, trucks and buses in August, lower volume for the month since at least 2007. The accumulated production of the year was 1.73 million units, 16.9% below the first eight months of 2014.
Sales of new vehicles last month retreated 8.9% against July and fell by 23.9% over August 2014, also reaching the lowest level for the month since at least 2007.
"We remain in a moment rather difficult market, espe loan credit insurance cially in trucks, down 40% (in sales)," said Anfavea president Luiz Moan, commenting that the average daily vehicle sales in August was similar to July.
He added that the association also expects drop in production vehicles from Brazil in September and October.
The inventory of new vehicles in the country increased to 357,800 units, compared with 345,600 vehicles in July. Based on the month's sales pace, the stock equivalent to 52 days of sales.
Since the export of agricultural vehicles and machi loan credit insurance nery rose 12.3% in August against July.
The industry employment levels again decrease in the annual comparison. The decline was 9.8% in August over a year earlier to 134,312 occupied posts.
Written by Sergio
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