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Transportation

Vehicle sales in July should be the best of the series, said Mantega

08/01/2012

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

 


 

Roberta Lopes
Reporter Agency Brazil



Brasilia - The measures adopted by the government in May, as the reduction of the Tax on Industrialized Products (IPI), to stimulate the automotive industry showed a positive result. From May to June, sales of vehicles rose from 280,000 to 353,000, according to Minister of Finance, Guido Mantega.

"There was a strong reaction," said the minister. The forecast for July, continued Mantega, is growing larger. "In July, the forecast is that it has sold 360,000 vehicles. If this occurs, because so far sold about 340,000, this is the best July on record, ie, is the largest volume of sales for this month. "

Mantega said, however, that the government does not intend to extend the IPI reduced to cars after August.

Mantega said the auto companies have not failed to comply with the agreement signed with the government, not to lay off employees and maintain investment. According to the minister, 2012 to 2015, the industry must invest $ 22 billion.

"This will only occur if the vehicle market is growing, if sales of vehicles, if exports, if we have competitive conditions. To this competitiveness, to give impetus to this market that had been contracted because of the international industry, we take these measures. "

Mantega also commented on the planned layoffs at General Motors (GM). He said the automaker does not breached the right hand with the government and the problem at the factory in Sao Jose dos Campos (SP) is timely.

"We found the numbers of GM, we see that she is a surplus of jobs, or are hiring," he said. "The data showed GM and range of plants for increased employment. There are problems at the plant located in Sao Jose dos Campos and the government does not fit into this kind of detail, is a matter of internal administration, "he added.

Since the government took measures to curb the import of vehicles and strengthen the domestic market, imports of vehicles fell, according to Mantega. "In June, imports fell by 30%. Thus, the market returns to be occupied by domestic companies. "

The Director of Corporate Affairs GM and vice president of the National Association of Vehicle Manufacturers (Anfavea), Luiz Moan said the commitment to the maintenance of jobs in the sector is maintained. "The industry reiterates its willingness to
fulfill all commitments with the government, including the maintenance of employment. "

Edition: Carolina Pimentel

Source: Agency Brazil

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

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