Tuesday, April 09, 2013

With IPI less, automakers maintain positive forecast

Data released yesterday by the automotive industry confirmed an industry reaction after the weak February performance, but without the vigor that automakers hoped to avoid a slowdown and the market in the first quarter.
In March, the production of vehicles in the country, including cars, light commercials, trucks and buses-increased 39.2% compared to February and 3.4% in comparison with the same period last year. In turn, sales rose by 20.8% on the immediately preceding month.
In relation to the volume of a year earlier, there was a fall of 5.5% in the formal license plates, but this comparison was compromised by the calendar effect, since, on account of the good Friday holiday, March this year had two days of sale.
In total, automakers produced 319.1 thousand units and sales, including imported, came to 283.9 million vehicles last month. With the 8.7% increase in average daily sales, which reached 14.2 thousand vehicles, there were set in stocks, with the turning of the vehicles stopped on the patios falling for 35 days, under 39 days of February.
Automakers ' exports, marking growth of 3.1% compared to the previous year, were a positive March balance sheet data, but the trend, according to Anfavea, is still falling for this year's shipments.
In the first quarter, the market saw the growth rate be reduced to 1.5%, below the high of 4.6% recorded at the end of last year. The performance also fell short of projections, maintained by Anfavea, pointing to an increase of 3.5% to 4.5% of plates issued this year.
The sales slowdown at the beginning of the year and the risk of not repeating the result record for 2012 were used as an argument by the industry to convince the Government not to rise this month, the rates of tax on industrialized products (IPI) of cars.
Yesterday, Cledorvino Belini, President of Anfavea confirmed that the entity has expressed to the Government the need to extend the reduction of the tax to allow the resumption in growth speed presented last year.
"It's not a bad number [the growth of 1.5% in the first quarter], but to reach 4.5% was necessary as the IPI," said Belini reporters. To compensate for the shy performance of the first three months of the year and reach the goals set out by the automakers, sales will have to evolve at a rate of 4% to 5% as of now.
The theme of the IPI was approached at the meeting that had on Belini Thursday last week with the Finance Minister, Guido Mantega, in São Paulo. However, on occasion, the Executive desconversou about the possibility of the Government stop the gradual withdrawal of tax rebates, to inform you that the meeting had been scheduled to discuss the restructuring of leasing system.
Two days after he announced the maintenance of reduced rates of the tax by the end of the year. Bajra, which leaves the Presidency of Anfavea on 22, after three-year mandate, said that the compensation charged not to make the decision.
Valor Econômico
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