Venezuelan sales and output slip further in August; Ford resumes production
Production plunged 78% y/y
Venezuela's automotive output and sales plunged in August 2016, according to figures from Camara Automotriz de Venezuela (Cavenez). The Venezuelan automotive group has reported that production tumbled 77.7% year on year (y/y) in August and has collapsed 86.1% year to date (YTD).
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