Post Tagged with: "brazil car market"

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Audi to make decision on Brazil plant in 2013

Audi to make decision on Brazil plant in 2013

Audi will decide next year whether to start making cars in Brazil again, following BMW’s plans for a new plant in the country and rumours that Acura and Infiniti are on the way. According to Audi Brasil boss Leandro Radomile, the project is in its initial phase, with nothing defined […]

Mercedes Benz lays off 1,500 Workers in Brazil

Mercedes Benz lays off 1,500 Workers in Brazil

Daimler AG (DAI)’s Mercedes-Benz, Brazil’s second biggest truck and bus manufacturer by market share, said it’s laying off more than 10 per cent of its workforce to cope with a slowdown in what only a few months ago was a market that was predicted to soon overtake Japan as the […]

Brazil New Car Sales Down 6.6% in February

Brazil New Car Sales Down 6.6% in February

New car – car and light truck – sales fell 6.6 percent in February and almost 9 percent (8.9%) from a year earlier as the observance of Carnival holidays likely weighed on customer turnout at the nation’s dealerships, data showed. February sales reached 235,896 cars and light commercial vehicles, down […]

BMW announces new investment in Brazil plant

BMW announces new investment in Brazil plant

BMW will build a new factory in Brazil in order to meet global growing demand following record sales this year, the company’s CEO announced. According to Norbert Reithofer, BMW is still deciding on a site for the plant, which will help BMW increase its sales to 2 million units by […]

Brazil auto sales down 2 percent in November

Brazil auto sales down 2 percent in November

Brazil auto sales recorded a 2 percent decrease in November compared with the same month last year but grew 16 percent over October. The main cause for the slowing market compared to 2010 is that consumer demand continues to shrink in the face of a global economic downturn, Brazilian auto […]