Stock vehicles with lower IPI falls and knocks down sales this year

New vehicle sales in Brazil fell back 5.8% in February compared with the same month of 2012, amid a lesser period of sales and inventory reduction with discount full the tax on industrialized products (IPI), say market sources consulted.
The licensing of cars, light commercials, trucks and buses totaled 235,100 units, according to preliminary data of plates issued, contributing to a fall in the quarter to 7.6% over the same period in 2012, for a total of 478,512 units.
The Government decided at the end of 2012 to withdraw gradually, until the end of the first half of this year, the IPI discount granted in late may, when the fall in sales across industry, low production and scarce credit.
In January, there were record sales for the month, but the industry had in stock a large number of vehicles with full rebate of IPI. In addition, February 2012 had 29 days compared to 28 this year.
In comparison with January, which had more working days than February, sales of new vehicles last month decreased 24.5%.
According to the sources, the sales of cars and light commercial amounted to 222.7 million units in February, down 5.5% compared to the previous year. Already the formal license plates of trucks totaled 9.93 million (9%) drop, while bus licenses were 2.44 million (which represents a decline of 11.4%). The expectation automakers Association, Anfavea, is between 3.5% and growth of 4.5% in sales this year, to record between 3.93 million and 3.97 million units.
According to the sources, the car and light commercial market continued to be led by Fiat, which showed sales of 49.5 thousand units in February, a 22.2% share. Volkswagen recorded sales of 43.7 million, while General Motors had licenses from 39.1 million units.
Ford scored 19.7 million automobiles and light commercial in February, said the sources, while South Korean Hyundai brand vehicles registered 14.6 thousand licenses, above the volume of plates issued from Renault, from 11.1 million units last month.
The French automaker has stopped its factory in Parana in late 2012 and earlier this year for expansion while Hyundai inaugurated compact vehicle plant in the country in November, extending the offer in relation to brand products that are already produced and imported by the Brazilian Group started its.
The Association of car dealerships Fenabrave discloses the consolidated balance sheet as of February sales on Tuesday. Already the Anfavea Announces production data the next day.