UPDATE 1-Brazil auto output stagnates in April, trailing year earlier

Newswire

(Adds industry data, policy context, sales ranking) SAO PAULO, May 9 (Reuters) - Brazilian auto output was little changed in April from March and trailed far behind a year earlier, as weak demand and high inventories pressured global carmakers to trim their workforce. Production edged up 1.6 percent from the month before , but fell 21.4 percent from a year earlier, national carmakers association Anfavea said on Friday. Auto sales jumped 21.8 ...

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