The effects of the lockdown in China on the Brazilian automotive industry

The effects of the lockdown in China on the Brazilian automotive industry

The new Covid outbreak in China, which resulted in lockdown in the largest port in the world, in Shanghaihas even affected the Brazilian automotive industry, says the Electric Energy Commercialization Chamber.

According to the entity, which monitors fifteen branches of economic activity, the energy consumption The vehicle sector in Brazil had resumed growth this year, after a fall that began in October 2021 — but then fell again after the Chinese port closed.

In February, energy consumption in the automotive industry rose 3% and 1.6% in March, but fell 1.9% in April, shortly after the port of Shanghai closed.

As restrictions in the region brought a series of challenges to imports, the delay of goods and the worsening of the semiconductor supply constraint forced the automakers to slow down the pace of production resumption, points out the CCEE.

Earlier this week, Shanghai officials announced that the megalopolis should allow normal life to resume from June 1, after new Covid cases have been brought under control in most districts of the city.

Source: See

Related post

SIMPI/Datafolha: extra secure, micro and small Brazilian industries reveal that they won’t have difficulties paying their thirteenth wage in 2023

SIMPI/Datafolha: extra secure, micro and small Brazilian industries reveal…

The survey also showed that 85% of MPIs will use their own capital as a source of payment for the resource…
Brazilian business confidence rises once more in November, reveals FGV

Brazilian business confidence rises once more in November, reveals…

In November, confidence in the industry recovered after four months of decline, driven by the perception of improvements in the current…
How a New Zealand dairy business grew to become a sustainable packaging case

How a New Zealand dairy business grew to become…

Dairy brand has been selling milk in plant-based bottles since 2020 — made from Brazilian sugar cane — and only wants…

Leave a Reply

Your email address will not be published. Required fields are marked *