Rio de Janeiro, Apr 4 (Entravision) .- Brazil was manufactured in the first quarter of the year 789,855 new vehicles, which means a fall of 8.4 per cent in comparison with the same period of 2013 to bring the production to a drop in sales, today reported the National Association of vehicle manufacturers (Anfavea) .
The reduction of the production was accentuated mainly in March, when they came out of the plants 271,217 cars, vans, trucks and buses, which implies a decrease of 17.6 % in comparison with the same month last year and 3.6 per cent compared to February.
The patronal attributed this decline to adjustments in the production lines to bring them into line with the reduction in demand for the Brazilian market and to the decline in exports to Argentina, where a sharp depreciation of the peso urged the Brazilian vehicles.
In accordance with the data of the Anfavea, sales fell 2.1 % in the first quarter, when they were sold 812,754 vehicles.
The number of vehicles were sold in March stood at 240,800 units, with a reduction of 7.1 % compared to February and 15.2 % in comparison with the same month last year.
in part by the difficulties in the Argentine market, the number of vehicles exported by Brazil in the first quarter was limited to 68,000 units, with a decline of 34.7 % compared to the first three months of last year.
The Drop in exports of Brazilian vehicles in volume was 46.2 % in March compared to the same month last year.
Despite the negative results of the quarter, the Anfavea maintained its forecast that Brazil will end 2014 with 3.71 million vehicles manufactured, with a rise of 1.4 % compared to last year’s record, with 3.81 million units sold, and with a growth of 1,1 % in comparison with those of 2013 (3.77 million).