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Vehicle production stagnates in Brazil due to semiconductor shortage

RIO DE JANEIRO, BRAZIL - Brazil produced 192,800 vehicles in May, an increase of only 1% compared to April, a stagnation attributed to the global crisis in the supply of semiconductors, the sector's employers' association reported on Tuesday.

However, the increase in production is notably higher when compared to May 2020 (347.6%), when most of the factories were paralyzed due to the restrictive measures imposed in the first months of the pandemic.

According to the National Association of Automotive Vehicle Manufacturers (Anfavea), the production level has remained between 190,000 and 200,000 since the beginning of January . . .

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