Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Car production, exports, and domestic sales in Brazil and Argentina increased in April on an annual basis on improved demand.


Brazil’s car output climbed over 10 times to 190,900 units in April, from 1,800 cars produced in the same month of the prior year, when carmakers halted operations due to the COVID-19 pandemic, according to the country’s Association of Motor Vehicle Manufacturers (Anfavea).

Brazil’s car exports rose by 369pc to 33,900 vehicles in April, from 7,200 units shipped in April 2020, and its domestic sales increased by 214pc to 175,100 vehicles in April, from 55,700 cars sold in the same month of the prior year.

In Argentina, car production climbed to 29,315 vehicles in April, from zero units in the same month last year, when carmakers halted operations. The country’s vehicle exports rose by 564.2pc to 15,848 cars in April, from 2,386 units shipped in the same month of the prior year, according to the Argentine Association of Automotive Makers (Adefa). Of the total number of cars shipped, about 61.9pc were exported to Brazil, 7.7pc to Central America, 7.4pc to Chile, and 6.5pc to Peru, according to Adefa.

Argentina’s domestic car sales increased by 297.7pc to 29,876 cars in April, from 7,512 vehicles sold in the same month of the prior year, Adefa added.


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