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LatinNews Regional Monitor: Brazil & Southern Cone - 12 March 2019

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In brief: Brazil

* Brazil’s national association of automotive manufacturers (Anfavea) has released figures which show that 455,300 vehicles were produced in Brazil from January-February 2019, a 5.3% increase on the number of vehicles produced during the first two months of 2018. Monthly production in February increased by 29.9% compared with January, with 257,200 units produced. Exports from January-February 2019 have fallen, however, by 41.9% compared with January-February 2018, a reflection of the negative situation in Argentina, the principal export destination for Brazilian vehicles. Anfavea president Antonio Megale has nonetheless welcomed a positive start to the year for the automobile sector and noted that national sales have increased.