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6 10.1 to 10.6.2018 S ão Paulo – The Brazilian vehicle exports continued to fall in September due to the serious crisis that has arisen in the Argentine economy, Brazil’s main trading partner in the automotive sector. According to an Anfavea report released on Thursday, 4, shipments made in the first nine months of the year reached 524 thousand 289 units, 8% lower than the same period in 2017, the worst result of the year. In August, the result had already been negative, - 4.6%. Everything seems that the decrease profile seen in both months will remain at least until December. That’s why Anfavea revised downwards its exports projections for the year: the pre- crisis expectation was that the volume would reach 766 thousand units. By the downturn in the Argentine market, the industry lowered the pretensions and projected the year with 700 thousand units exported, which will represent, if the number is confirmed, a decrease of 8.6% compared to last year’s result. Specifically in Argentina, until September, the volume of exports decreased 8%. Anfavea figures showed that in the first three quarters Brazil sent 363,1 thousand vehicles there. Last year, in the same period, 395.2 thousand units were shipped. From January to August exports to Argentina accounted for around 73% of the total. In September, however, these exports decreased and reached 50% of the total. By segment, exports were 8.2% lower until September in light vehicles, and 4.5% in trucks. Regarding buses the retraction reached 3.6%, and 2.4% in agricultural machinery. In terms of value, exports accounted for R$ 11 billion 897 million 431 thousand to the manufacturers in the year, a volume higher than the same period of last year, R$ 11 billion 659 million 15 thousand. Brazil-Argentina exports scenario gets worse Bruno de Oliveira | bruno@autodata.com.br Anfavea figures