Car rental agencies have made R$ 12.1 billion in 2016, down 25.3%
3/30/2017 -
SAO PAULO-the car rental sector grossed R$ 12.1 billion in 2016, Figure 25.3% less than the R$ 16.2 billion in 2015, according to information published on Wednesday, 29, by the Brazilian Association of car rental companies (Abla).
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Sales of new vehicles in Brazil fall 7.6% in February
3/2/2017 -
São Paulo – new vehicle sales in Brazil fell 7,6% in February compared with a year earlier, revealing a market still depressed by factors such as unemployment and high interest rates, showed data from the National Federation of distribution of motor vehicles (Fenabrave) announced on Wednesday.
The plates issued to cars, light commercials, trucks and buses totaled 135,663 units, also showing a decline of 7,84% against January, a month with more working days.
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Chery expects to raise sales with early local production
4/16/2015 -
Despite the prospect of strong retraction in the automotive market, Chery predicts growth in Brazil due to the start of local production. The projection of Chinese brand is close with 2015 25 thousand units sold, compared to 9 thousand commercialized in 2014.
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Brazil continues to be the destination of investments of Hyundai group
3/23/2015 -
The screw to the ship. The definition routinely used for the scale of operations of Hyundai in the world can also be seen in Brazil, which continues to be investment destination of South Korean giant.
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Audi, VW, registers and records sales surpasses Mercedes
2/10/2015 -
Audi sold more than its German rival Mercedes-Benz in January, bringing deliveries in 10 percent to a record 137,700 cars, in front of strong demand in China, United States, Germany and Brazil.
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Sale of imported falls 28.6% in August
10/21/2014 -
The fall of 28.6% of sales of imported vehicles in August compared to the previous year frustrated the expectations of the Brazilian Association of Automotive vehicle manufacturers and Importers (Abeifa) that the industry recovery would happen in the second half of the year.
For the entity, the indentation is a result, in particular, the lack of demand and non-credit. Given the scenario, the direction of the Association does not provide for the recovery of the sector in the medium and short te
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Fiat Chrysler Crown merger with Wall Street debut
10/13/2014 -
The Fiat Chrysler Automobiles (FCA) makes its debut on Wall Street on Monday with great fanfare, shifting the Centre of gravity of the carmaker away from Italy and crowning a decade of tough negotiations and restructuring by the astute Chief Executive Sergio Marchionne.
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JAC project is barred in Brasilia
9/16/2014 -
The Government suspended the incentives of the new automotive system for the project of billionaire JAC Motors in Bahia, preventing the automaker to import cars from China without the surcharge of 30 percentage points in the tax on industrialized products (IPI). This IPI extra is charged from December 2011 to vehicles imported from countries with no trade agreement with Brazil.
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VW Group sales in June rise 3.9% as Americas have fall
7/11/2014 -
The German automaker Volkswagen (VOWG_p.DE: quotes) said on Friday that sales of its multibrand Group increased 3.9 percent in June, the second smallest monthly growth this year, since the drop in sales in the Americas counteracted gains in Europe and Asia.
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German luxury brands renew records in Brazil
6/4/2014 -
The luxury auto market appears to be an island of prosperity in the midst of numbers, on average, increasingly negative of the auto industry. In the first five months of the year, when the national consumption of vehicles fell 5.5%, the three German marks that spearheads the premium segment-BMW, Audi and Mercedes-Benz-renewed record sales in the country, with high that, in the case of Audi, enough to reach triple digits.
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High new car leads consumers to the used
5/20/2014 -
High prices and order of credit through downed in 4.5% sales of cars and light commercial new in the first trimester. In the segment, the result is reverse, with 5% growth in business. As a result, the relationship between number of used cars sold for each new returned to average considered three historical by a, which was not registered since 2007, and the shops complain of lack of products.
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Luxury car bad quarter dribbles and hits record sales
4/8/2014 -
The demand for vehicles in Brazil is falling and the actual lost value against the dollar over the past 12 months, but imports of premium cars to Pluto. In the first quarter, the German trio that heads this market in the world-BMW, Audi and Mercedes-Benz-stuck new record sales in the country, at a time when the three automakers are preparing the ground for the start of production in the national territory.
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