Risks To Competitiveness Weigh On BMI Ratings Score

An imminent slowdown in Brazilian vehicle demand and a potential loss in exports due to the strengthening of the real are beginning to weigh on carmakers' minds. Total production grew a modest 3.3% year-on-year (y-o-y) to 2.60mn units in the first nine months of 2011, according to estimates from the Brazilian autos association Anfavea.

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