Venezuela's car production falls 3.54% in October as against 2011
As many as 8,295 vehicles were assembled in October 2012 in Venezuela, compared to 8,599 in 2011, Cavenez noted
As many as 8,295 vehicles were assembled in October 2012, compared to 8,599 in 2011, Cavenez noted.
If comparing the figure with that recorded in September (8,038), output shows a 3.20% rise.
Accumulated production through October 2012 accounts for 92,085 vehicles, 4.17% above the figure recorded in 2011 (88,396).
With reporting by Ender Marcano
Since the Venezuelan government imposed currency and price controls in 2003 property rights have been seriously affected, as the individual's freedom to acquire, use, enjoy and dispose of property has been severely restricted, according to experts.