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Brazil to Reduce Car Exports to Argentina in 2019 by 240,000

By Arkady Petrov

RIO DE JANEIRO, BRAZIL - Faced with the crisis in Argentina, Brazil should stop exporting 240,000 vehicles to the country in 2019, according to Anfavea, the manufacturers' association.

Argentina is the largest consumer of the Brazilian motor industry, representing 7.6 percent of Anfavea's 3.14 million vehicle production forecast for the year, in early 2019.

The automotive market in Argentina has seen a considerable drop in the number of new license plates. In May, according to the association of local dealerships (Acara), 36,770 vehicles were sold. This figure is less than half of the . . .

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