October 4, 2018 / 2:43 PM / 17 days ago

Brazil auto production, sales plunge in September

RIO DE JANEIRO, Oct 4 (Reuters) - Automobile production in Brazil plummeted by 23.5 percent in September, compared to the prior month, while sales slumped by 14.2 percent, the national automakers' association said on Thursday.

Brazil was one of the world's five biggest auto markets until a recent downturn and it remains a major base of operations for Fiat Chrysler Automobiles NV, Volkswagen AG, General Motors Co and Ford Motor Co. (Reporting by Alberto Alerigi Jr.; Editing by Christian Plumb)

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