Industry in Brazil
-
BRAZIL, 2017/08/22
The Brazilian government will request that the World Trade Organization's (WTO) Dispute Settlement Body to set up a panel to discuss the case against Canada related to subsidies given by the North American country to the aviation sector, benefiting Bombardier's C-Series program, which competes with Brazil's Embraer.
The WTO will be requested to examine additional than 20 programs of subsidies granted by Canada to the aviation sector of the country due or not instantly related to the development of the new Bombardier family of aircraft in the context of the C-Series program. The Brazilian government questions if the subsidies are compatible with WTO rules.
-
BRAZIL, 2017/07/11
New car sales in Brazil rose 3.65 % in the initial half of the year compared to the same period of 2016, showing positive increase for the initial time since 2013, industry figures showed on Tuesday.
The National Federation of Automotive Vehicle Distribution reported 1,019,400 new cars and light passenger vehicles were sold from January to June, compared to 983,495 units in the initial half of the previous year.
-
BRAZIL, 2017/05/03
Brazil's manufacturing sector continued its increase in April supported by gains in output and new orders, survey results from IHS Markit showed Tuesday.
The seasonally adjusted Markit Manufacturing Purchasing Managers' Index rose to 50.1 in April from 49.6 in March. A reading above 50 suggests increase in activity.
-
BRAZIL, 2016/01/16
In November, industrial production contracted 2.4% over the previous month on a seasonally-adjusted basis, which was a additional pronounced contraction than the revised 0.6% decrease (before reported: -0.7% month-on-month) seen in October. The result was the major drop since December 2013 and worse than market analysts’ expectations of a 0.9% fall. The figure was driven by a bigger fall in the production of intermediate goods.
-
BRAZIL, 2016/01/14
In November, industrial production contracted 2.4% over the previous month on a seasonally-adjusted basis, which was a additional pronounced contraction than the revised 0.6% decrease (before reported: -0.7% month-on-month) seen in October.
The result was the major drop since December 2013 and worse than market analysts’ expectations of a 0.9% fall. The figure was driven by a bigger fall in the production of intermediate goods.
-
BRAZIL, 2015/11/08
The National Transport Command is working independently of truckers’ unions but has 27,500 likes on its Facebook page. That doesn’t seem like much but, of course, it doesn’t take that a lot of truckers to block a highway.
The freight industry has taken a large hit with the dramatic slowdown in the Brazilian economy— it’s pegged to arrangement 3% in 2015 — and surging inflation, currently running just under 10%. The National Transport Command has a bucket inventory of demands to help relieve the impact on truckers, inclunding lower diesel prices, minimum freight rates, fixed fee scales and subsidized credit. Independent truckers have called for roadblocks across Brazil starting Monday in a repeat of the two-week strike that delayed grain and meat transport in late February and early March. However it remains unclear how much support the strike movement has.
-
BRAZIL, 2013/04/22
Embraer and AgustaWestland said in January the two companies were considering forming the joint venture to build military and commercial helicopters in Brazil. In a Friday regulatory filing, Embraer didn't say why the companies failed to reach an agreement.
-
CHINA, 2013/04/05
Chinese automotive group Chery Automobile Co plans to build a factory in Brazil to manufacture engines and gearboxes, said the chairman of the group’s Brazilian subsidiary, Luis Curi. Cited by the Brazilian press, Curi noted that the amount of investment and location of the factory had from presently on to be decided, but added that everything would be decided quickly so that engines and gearboxes can be manufactured at the same time as the next car factory starts operating.
-
BRAZIL, 2013/04/02
Brazil's industrial production decreased from last year in February next expanding in the previous month, data released by statistical office IBGE showed Tuesday.
-
GERMANY, 2013/03/24
German carmaker Audi has said it's contemplating having an extra shot at car production in Brazil next stopping its T3 operations some years ago. It could draw from the experience of its parent company, VW.
