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17/01/2018 - 19:16hs

Motorcycle production climbs 0.5%

In 2017, 883,000 units were manufactured in Brazil. Foreign sales increased by 38.6% to 82,000 motorcycles.

São Paulo – The Brazilian Association of Motorcycle, Moped, and Bicycle Manufacturers (Abraciclo, in the Portuguese acronym) said this Wednesday (17) that 882,876 motorcycles were made last year at industry hub Polo Industrial de Manaus, in the state of Amazonas. The number is up 0.5% from 2016.

Last year saw 81,789 motorcycles exported from Brazil, up 38.6% year-on-year. The biggest buyers were Argentina, Colombia and the United States. In 2018, Abraciclo expects output to be up 5.9%, with exports going up 3.9%.

“Numbers in 2017 point to a motorcycle industry rebound, with positive results boosting confidence. The continuous launch of new models and increasing consumer purchasing power, coupled with improved availability of credit, means sales should pick up in 2018,” an Abraciclo press release quoted its president Marcos Fermanian as saying.

*Translated by Gabriel Pomerancblum

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