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Global OEMs’ local operations to boost Brazilian output levels

While automotive production in Brazil has been continuously decreasing, certain OEMs have recently established local assembly operations while others have started work on new projects. This could see output levels rising in the medium-term

New vehicle sales in Brazil continue to be affected by poor consumer demand and inflationary pressure. The state of the economy is apparent from one figure, the country's rate of GDP growth this year, which is expected to be under 0.5%. Compare this figure with the rate at which the country's GDP expanded in 2013, at 2.5%.

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