Lack of new cars in Brazil: with no parts at plants, used car market grows

According to ANFAVEA, which considers vehicle registrations, 527,900 vehicles were licensed in the first three months of 2021, against 558,100 in the same period last year, a drop of -5.4%.

RIO DE JANEIRO, BRAZIL - In addition to the automotive sector experiencing a sharp drop in sales since 2020 - when the coronavirus pandemic broke out in Brazil - automakers are now faced with a production issue: a shortage of components, a global crisis in the sector.

It is estimated that each car requires approximately 600 semiconductors, important for safety, consumption, performance, and multimedia system of vehicles.

With the high demand for electronics during the social . . .

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