Ford’s Brazilian Truck Exit The Result of Long Term Demand Decline — Panjiva
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Ford’s Brazilian Truck Exit The Result of Long Term Demand Decline

Brazil 260 Cons. Discr. - Autos 661

Ford Motor will close a factory in Brazil and exit heavy truck manufacturing in the region. While Brazilian heavy truck production has been recovering recently a 12.6% drop in exports in 2018 compared to 2017 and 53.0% slump year over year in January suggests regional demand may be weak. Ford’s exports from Brazil have been in decline for some time, with heavy truck shipments down 44.7% in 2018 compared to 2015 despite a small recovery at the end of 2018.

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