Government wants to maintain employment in smaller automakers to extend IPI
This article was translated by an automatic translation system, and was therefore not reviewed by people.
Although the Executive does not want to confirm officially, is practically defined the extension of three months of exemption of Tax on Industrialized Products (IPI) for new cars. Originally scheduled to end on March 31, after effect since mid-December, cutting taxes will not be extended only until June if the economic situation deteriorates too much, causing much greater losses than estimated so far by the economic team. But this time, as the Globe report shows, this Thursday, the government considers asking for a contribution to the maintenance of jobs by automakers.
Second source of the economic team, would not make sense to adopt the measure without asking something in return to the private sector. The rate for cars of a thousand cars were zeroed in December (was 7%) and for a thousand cars in 2000 fell by half, from 13% to 6.5% (petrol) and 11% to 5.5% (alcohol / flex).
On Wednesday, the Minister of Finance, Guido Mantega, said that there was no decision yet on IPI, whereas oo Minister of Development, Miguel Jorge, released note that no extension of the exemption. The news that the hammer has been hit in the wings was published yesterday by "Folha de S. Paulo".
The government is reluctant to confirm the extension of the lower IPI fears that because the consumer demand relax in the car again, affecting the sales of March and diluting the positive impact on production in coming months. In the first month of the year, sales of new cars rose 5.1% over December, to 158,255 units. About January 2008, had sales drop of 6.7%. According to the National Federation of Vehicle Distributors (Fenabrave) in February, the recovery continued. There was a high of 0.85% on January and also on a recovery in February of 2008, with an increase of 0.15%.
Source: O Globo Online
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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