Wednesday, September 04, 2013

Sale of cars falls in August and has 1st indent YTD

SÃO PAULO-sales of autos and light commercial totaled 312,722 units in August, down 22.87% 405,468 emplacadas units in the same month of last year, when the industry's record. The plates issued last month were 3.46% below the total of 323,928 vehicles in July, reported the National Federation of distribution of motor vehicles (Fenabrave) on Monday, 2.
In the first eight months, were marketed 2.344 million units of autos and light commercial, fall of 1.87% of the accumulated from January to August 2012, when were got their plates 2.389 million vehicles. With the result, for the first time in the year, the automotive sector recorded a decline compared with the same period the previous year.
In a statement, Fenabrave's President, Francis Marion, noted that the average daily sales of cars and light commercial was higher in August compared with July in 0.93%, with 14,215 units, compared to 14,084 units, respectively. "July had one working day more than the month of August (23 and 22 days, respectively). This difference is reflected in the final result of the month, because, if the periods were equivalent, the closure would be slightly positive in comparison, "said.
The Fenabrave maintained projections for the year. For cars and light commercial, the forecast is to reach, by the end of 2013, with an increase of 1.03%.
In August, sales of trucks and buses reached 16,485 units, fall of 10.26% over July and high of 13.07% compared to August 2012. In the first eight months, sales of those vehicles have reached 126,022 units, up 12.78 percent over the same period of units 111,742 2012.
If they are coupled with motorcycles, road equipment, agricultural machinery and other vehicles got their plates, the total number of vehicles sold last month reached 481,239 units, down 3.55% of the 498,944 units in July and indentation of 17.14% of the 580,789 vehicles in August 2012.
From January to August, the total plates issued amounted to 3.64 million units, or 3.29% less than the 3.76 million units in the first eight months of last year.
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