Brazil’s automakers are “having problems with steel, rubber, thermoplastics, tires” imports according to industry associate Anfavea as suppliers struggle to restart efficiently after pandemic-related plant closures. Auto production dipped 0.7% lower year after year in November after Brazilian imports of automotive parts dropped 45.0% lower in October. Brazilian automotive parts imports linked to Ford Motor have recovered with a 168.2% surge in October following a 50.9% slump in Q3’20 while Daimler has continued to decline throughout the period. Volkswagen meanwhile has seen the opposite ...
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