Wednesday, July 24, 2013

Dollar and inflation hurt the sales of imported vehicles

SÃO PAULO-sales of imported vehicles fell 23% in the first half, because of the devaluation of the real against the dollar and also by the effects of inflation.
The data were released by the Brazilian Association of automobile importing companies (Abeiva). Whereas imports of automakers with factories in Brazil, the fall in the first half was 15.7%-of 391.6 thousand units to 330.3 million.
The increase in the dollar exchange rate and the consumer concern with inflation were cited as the main reasons for the decline in sales of imported, according to Abeiva President, Flávio Padovan.

The projected 150 million imported cars sold this year, but remade the accounts to 120 thousand.
According to Padovan, the highest dollar damage occurred last year, when the rate of American currency left the range of $ 1.70 to $ 2.
In the first six months of the year, the Kia kept the lead with 27.9% share of the market. The JAC Motors occupies the second position with 16.4%, followed by BMW with 11.1%. The Land Rover has 9.7% and 5.1% Audi.
The most sold. Most imported models sold in the first half were the Sportage (4,720 units); J2 (3,479); Cerato (3,459); BMW Serie 3 (2,901) and Evoke (2,787)
Estado de São Paulo - 24/07/2013
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