weekly_edition_867

18 2.11 to 2.16.2019 Industry S ao Paulo - Remittances of profits and dividends from companies in the automotive sector to their headquarters started growing again in 2018, when automobile, auto parts and vehicle manufacturers sent US$ 516 million, higher than the US$ 131 million issued in 2017. It is the largest volume since 2014, when companies sent US$ 807 million. The increase reflects the vehicle sales resumption in Brazil, which grew 14.6% last year, according to Antonio Jorge Martins, specialist in automotive chain of FGV SP: “As far as the automakers regained sales volumes after the crisis period started in 2014, it was possible to send more dividends and profits”. Automotive profit remittances increase Bruno de Oliveira | bruno@autodata.com.br Disclosure.

RkJQdWJsaXNoZXIy NjI0NzM=