AUTONEWS


Wed, 22 Apr 2020 15:29:01 +0200

BRASILIA, APR 22 - Vehicle sales fell 80% in Brazil, Latin America's main automotive hub, reported the National Vehicle Manufacturers Association (Anfavea).
Vehicle sales rose from 11,000 units per day in mid-March to 2,250 in early April due to the economic impact of the coronavirus pandemic.
"Production lines are slower due to lack of demand and because factories have had to adapt to avoid the outbreaks," Anfavea president Luiz Carlos Moraes told Folha de S.Paulo newspaper.
The vehicle and agricultural machinery manufacturers represented by Anfavea make up 10% of the country's industrial product and employ 123,000 workers in ten Brazilian states.
In the meantime, several companies are negotiating with their employees the reduction of wages, working hours and early holidays. Volkswagen has for example announced an agreement with the unions to cut their working day and wages by 30% until June-July in exchange for job guarantees. (HANDLE).