Clipping of news on Brazilian Culture, Law and Citizenship


Sales of vehicles should fall in the 2nd half, say automakers

This article was translated by an automatic translation system, and was therefore not reviewed by people.


The four largest automakers in the country - Fiat, Volkswagen, General Motors and Ford - believe in reducing the volume of sales in the second half, in what is expected for the first six months of this year. The scenario "pessimistic" to compare with the speech of the federal government is seen by companies as a reflection of the end of the reduction of the IPI - scheduled for June 30 - and the barriers that consumers face to access credit. Representatives of the four assembly met, in this Wednesday (15), at the headquarters of the Union of Industry of cane sugar (Unica), in São Paulo, for the launch of the Ethanol Primer.

According to the chairman of General Motors Brazil and Mercosur, Jaime Ardila, GM's sales to fall to between 10% and 15% this year if the government does not take steps to maintain the stimulation of sales in the second half. In 2008, GM sold 468,476 units of cars and light commercial vehicles.

"The government has much room to ensure the return of the credit. We must reduce the interest rate and extend deadlines for return access to credit. For the customer that represents a number of factors, "said Ardila.

The director of corporate communication of Volkswagen do Brasil, Antonio Megale, says that Volkswagen also not account for the purpose of reduction of IPI in June and expects fall in sales of vehicles. "We work with a scenario without an extension of the discount."

With the same position, the manager of institutional relations of Fiat Automobiles, Marcus Vinicius Aguiar, comments that Fiat expects a reduction of 10% of its sales with the possible slowdown of the market from July. But the communication manager of Ford of Brazil, Celio Galvão, does not disclose the company's outlook, but says the company also does not have to extend the benefit.

Compulsory deposit

Just as automakers rely on the extension of the IPI, the financial companies - from automakers or not - expect the relaxation of compulsory deposits is stretched beyond June 30. For banks, the measure will help in standardizing the availability of credit in the country. "The scenario of credit tight deadlines and high costs it takes to change, but we hope that the measure covers the resources of compulsory and ends on June 30 be postponed", said the director-president of Volkswagen Bank, Décio C. de Almeida, in meeting with the Minister Miguel Jorge this Monday.

The compulsory is money the banks that is retained in the Central Bank as a way to control the financial system if there is a collapse in the economy and for controlling the flow of credit. When the crisis started to affect Brazil, in October, the Central Bank decided to streamline the system, allowing up to 40% of the slaughter of compulsory collection. With the measure, it was possible to immediately inject U.S. $ 23.5 billion in the financial system and thereby increase the flow of credit.

Anfavea believe fall of 11.2% of vehicle production this year

Government is optimistic
The industry claims contradict the government's expectation. In meeting with industry representatives in the American Chamber of Commerce (AMCHAM), this Monday (14), the Minister for Development Industry and Foreign Trade, Miguel Jorge, reiterated that the sector will maintain the level of domestic sales recorded in 2008 of 2.820 million units, and said that three automakers already preparing new investment in the country.

Increase over the period of reduction of the IPI, the minister says is "too early" to talk about it. Miguel Jorge also expects maintenance of production levels at 3.214 million. Already the National Association of Automotive Vehicle Manufacturers (Anfavea) believes that the production of vehicles in Brazil will fall 11.2% in 2009 to 2.86 million units. On sales, the association provides drop of 3.9% to 2.71 million units.


The concern with the next semester is strongly linked to the fall in exports. "What we need is customer," says the director of Volkswagen. The president of GM do Brasil increases even though the actual level be quoted in favor of selling abroad, the economic recession in key export markets is very difficult business of assembler.

"We will export this year from 30 thousand to 40 thousand units, not counting the free trade with Argentina. Counting the volume up to 80 thousand units, "says Jaime Ardila. Last year, GM exported 100 thousand units - no sales to Argentina, as to count the total volume exported the number reaches 150 thousand units. "The fall in exports force reduction of 15% of our production this year," stresses Ardila.

Primer of Ethanol

The president of Unica, Marcos Jank, announced Wednesday that the partnership with the four assembly for the distribution of "Primer of Ethanol" in Bi-fuel cars. About two million books will be placed on new vehicles this year between May and April of next year. According to Jank, the material is "part of an effort to raise awareness" of customers on the benefits of using ethanol.

"The ethanol has replaced 50% of the consumption of petrol in the country, if you count the hydrated and anhydrous alcohol, which is put in gasoline. The trend is that it increases, "says Jank.

Source: G1

This article was translated by an automatic translation system, and was therefore not reviewed by people.

The JurisWay site does not interfere in the work provided by doctrine, why only reflect the opinions, ideas and concepts of their authors.

  Subjects list
  Copyright (c) 2006-2009. JurisWay - All rights reserved.