Minas Gerais is the second largest Brazilian automotive production hub and accounts for 18.4% of national vehicle production in 2015. The main factories are Fiat, operating in Betim since 1976, Mercedes-Benz, established in Juiz de Fora in 1999, and Iveco, in Sete Lagoas since 2000. There was also a growth in the local consumer market in this segment with the licensing of new vehicles in Brazil, between 2000 and 2015, rising from 8.3% to 13.2%. Source: ANFAVEA – Brazilian Automotive Industry Annual Report (2016).
The car part sector in Minas Gerais is an established production chain with several suppliers. The income of companies in the state – members of Sindipeças Union – was estimated in R$ 9.75 billion in 2014, with a total of 29.010 employees. Source: Sindipeças – Performance of Car Parts Sector (2015).
Labor
There were 156,217 students registered in engineering courses in Minas Gerais in 2014, of which 12,207 were in their final year. Mechanical engineering was a highlight, with 20,859 students. Source: MEC/INEP Microdados (2014). The state´s universities also stand out for the quality of their programs and three of them (UFMG, UFV and UFLA) are among the 10 best Brazilian universities. Source: IGC/INEP (2014).
Agência de Promoção de Investimentos do Estado de Minas Gerais
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