Sales of imported have indentation of 32.5% in February

The sale of imported automobiles and light commercial new fell 32.5 percent in February over the same month of last year, reported yesterday (10), the Brazilian Association of Importers and Manufacturers of motor vehicles (Abeifa).
In the second month of this year, the 28 brands associated with Abeifa units, 5,764 charted number 22.9% smaller than the licenses in January. As a result, sales of imported accumulate fall of 27.1% in the first quarter of 2015 front to the same period of last year.
In the face of poor performance, the participation of imported into Brazilian automotive market stood at 3.22% in February this year, smaller than the 3.47% in February 2014, but still slightly larger than the participation of 3.07 percent registered in January. With this, the participation of imported fell to 3.13% in the first quarter, compared to 3.33% in the same period of last year.
Last week, the National Association of Automotive vehicle manufacturers (Anfavea) reported that Brazilian industry of vehicles produced 200,100 vehicles in February, a decline of 28.9% in comparison with the same month of 2014. In comparison with January downturn of 2.3%.
The automotive market faces slowdown since last year. But the situation worsened in January after the end of tax incentives, which were conditioned to commitments to maintaining jobs.
Dollar
The President of the Brazilian Association of Importers and Manufacturers of motor vehicles (Abeifa), Marcel Viscount, assessed that 32.5% drop in sales of new imported vehicles in February compared with the same month of last year was the consequence primarily of "very low" consumer confidence index and the overshooting [valuation] of the dollar in the last 60 days. He also cited the lower number of working days in February because of Carnival, as one of the negative factors.
At a news conference to comment on the results of February, the Executive pointed out that the level of consumer confidence reached the lowest level since 2001, the lack of positive prospects for the economy.
"There are no indicators that vislumbrem optimism," he said. He stressed that the high of the dollar, which rose almost 20 percent in the last three weeks, also "bleed" into the Brazilian importer. "As the market today does not absorb this increase, we stayed in uncomfortable situation," he said.
The President of Abeifa commented that the transfer of the American currency for the price was "too small" so far, but acknowledged that he will become inevitable when current reducing stocks. According to the Executive, it's hard to know what will be the dollar in the coming months. He risked, however, that the trend is bullish. Under the argument that there are no signs of improvement of the conjuntura econômica, Viscount acknowledges that layoffs are not "off the radar" of the dealers of imported into Brazil, "or the reduction of structure". The Executive considered, however, that the intensity of this movement will vary by the associated.
Projection
Abeifa's prediction is that the plates issued to cars and light commercial new imported should total 84,300 units in 2015, fall 10% in comparison to 2014. In this way, the imported must maintain the level of participation in the Brazilian market around 3%, very close to the slice of 2.9% in 2014. /Associated Press Content