Business Services Industry
Car assemblers and auto parts producers based in Brazil reduce exports.
South American Business Information, July, 2002
Brazil, Jul 2, 2002
The Volkswagen do Brasil reduced exports by 12% over this year (Jan-May), from US$535.41mil over 2001 (Jan-May) to US$471.181mil. GM do Brasil (General Motors do Brasil), reduced foreign sales by 21,81% from US$276.96mil over first five months of 2001 to US$216.5mil over 2002. The Fiat Automoveis exports languished 52,42% (US$115.53mil this year) in comparison to the same period last year, when exports totaled US$242.803mil. On the other hand, Ford Motor Company do Brasil registered 11,38% raise on sales to foreign market, from US$151.38mil in 2001 to US$168.6mil over 2002. The auto parts producer Robert Bosch reduced exports by 18,07% to US$96.107mil between Jan and May 2002, while exports reached US$117.3mil over the same period in 2001....
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