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Bizbilla provides an another free service for you. You can create an free website for your business easily with an attractive templates and an advanced CMS option. So you can easily manage your website anywhere and at any time.

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Brazil’s Auto Sales, Production Fall in September



New-vehicles sales and production in Brazil declined in September amid the country’s sluggish economy, prompting the national auto makers’ association to reduce its sales and production forecast for this year.

Sales of cars, light vehicles, trucks and buses totaled 200,077 in September, down 32.5% from a year earlier, auto makers association Anfavea said on Tuesday. In the January-September period sales dropped 22.7% to 1.95 million units.



Output fell 42.1% to 174,240 units in September from the year-earlier period. So far this year, vehicle production totaled 1.9 million units, down 20.1% versus the same period of 2014.

Anfavea cut its estimates for the third time so far this year. It said it now expects a decline in sales of 27.4% this year, compared with its previous outlook of a drop of 20.6%. It expects vehicle production to fall 23.2%, versus its previous projection of a 17.8% decline.

Meanwhile, exports by value fell 10.8% in the first nine months to $7.95 billion. Exports declined 9.7% in September from a year earlier to $834 million.

Economists say a combination of weak economic growth, high inflation and rising interest rates is hurting consumer confidence, especially toward big-ticket items.

Brazil’s economy is expected to contract 2.85% this year, according to economists surveyed by the country’s central bank.

Falling consumer demand has forced many auto makers in Brazil to lay off employees, and implement voluntary severance programs and mandatory vacations.

The largest auto makers in Brazil by sales are Fiat Chrysler Automobiles NV, General Motors Co. , Volkswagen AG and Ford Motor Co. 

Source:http://www.wsj.com/articles/brazils-auto-sales-production-fall-in-september-1444146544

China to invest in Brazil infrastructure

China is planning to invest up to $50bn (£32bn) in Brazil for new infrastructure projects. The deal is due to be signed by banks from both countries during a visit by Chinese Prime Minister Li Keqiang to Brazil next week.
The money will go towards building a railway link from Brazil's Atlantic coast to the Pacific coast of Peru to reduce the cost of exports to China. It says the fund will also finance a joint venture to produce steel. Brazil currently exports much of its iron ore to China.

Jose Graca Lima, Brazil's undersecretary of state with special responsibility for Asia and Oceania, said: We shall have to await the end of the visit to expand upon which projects. As well as the giant railway project, the money is expected to be invested in car parts, energy, ports, hydroelectric power and railways.
Brazil's economy, once among the fastest-growing in the world, has flagged in the past five years. A corruption scandal at the state-owned oil giant Petrobras, which has embroiled many high-profile figures, has also shaken the public mood.
The Chinese prime minister will also be visiting Colombia, Peru and Chile.

In January Chinese President Xi Jinping pledged $250bn in investment to Latin America over 10 years.
source:bbc.com

Brazil Manufacturers, Manufacturers Brazil, Brazilian Manufacturers, Suppliers Brazil, Brazilian Suppliers, Brazil Manufacturing Companies

Brazil is the largest country in Latin America. Brazil manufacturer gets focused towards the manufacturing of televisions, VCRs, telephones and computer chips. On the other hand, the Brazil manufacturers also focus on footwear, autos, automotive parts and machinery manufacturing. There are various strategies involved in the manufacturing sector of Brazil.  The State participation is involved in the manufacturing industries of textiles and clothing, footwear, food and beverages. These industries comprise a large proportion of the manufacturing sector of Brazil.
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On the other hand, the manufacturers of machinery and transport equipment, construction materials, wood derivatives and chemicals also play an important role in Brazil. Direct government participation is noticed in the oil processing and manufacturing industry and passenger jet aircraft manufacturing industry .The indirect government participation is noticed in the textile manufacturing industry and machinery industry. The main advantage of the Brazil manufacturers is that they have a wide range of natural base available for their manufacturing process. 

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There is a dilemma about the manufacturing growth in Brazil in the upcoming years. But still if they utilize the sources the Brazil manufacturers can prove themselves in the local and the global manufacturing industry. Bizbilla have a wide range of Brazil manufacturers available in the local and the global b2b market place. 
The Brazil manufacturers from Bizbilla will help you to expand your business in the local and global b2b market place with their business catalog.