Clipping of news on Brazilian Culture, Law and Citizenship
 


Transportation

With IPI smaller car sales hit record in July

03/08/2012

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

 

 


Agency Brazil


Sao Paulo - Reducing the Tax on Industrialized Products (IPI) for cars, granted by the federal government since May, has had positive effect on industry sales last month. Sales rose 22.04% over the same month of 2011 and high of 3.15% compared to June this year. The information was released by the National Federation of Automotive Vehicle Distributors (Fenabrave), a body representing seven thousand dealerships nationwide.

Were plated 351,410 units last month, up from 340,706 in June. Accumulated in the first seven months of the year, the high is 3.01% over the same period in 2011. In July, the highest was recorded license plate numbers of cars and light commercial vehicles (such as vans and trucks) for the period since 1957, when the series began.

For Fenabrave, the increase in the number of registrations of cars and light commercial vehicles is due solely to the tax incentive. "Until the measures, the result was negative and the current numbers show the importance of the sum of efforts between government, private sector and financial institutions," he said in a statement, Flavio Meneghetti, president of the organization.

When included in the categories of heavy vehicles (trucks and buses), the increase in sales is 3.1% compared to June. Compared to July 2011, the increase was 18.92%. Considering the YTD growth is 1.84% compared to the first seven months of 2011.

Have the license plate of motorcycles in July rose 11.7% compared with June. However, in comparison with the same month of 2011, there was a decrease of 13.56% in sales. In the year, the reduction was 8.47% compared to the same period last year.

Agency Brazil

Sao Paulo - Reducing the Tax on Industrialized Products (IPI) for cars, granted by the federal government since May, has had positive effect on industry sales last month. Sales rose 22.04% over the same month of 2011 and high of 3.15% compared to June this year. The information was released by the National Federation of Automotive Vehicle Distributors (Fenabrave), a body representing seven thousand dealerships nationwide.

Were plated 351,410 units last month, up from 340,706 in June. Accumulated in the first seven months of the year, the high is 3.01% over the same period in 2011. In July, the highest was recorded license plate numbers of cars and light commercial vehicles (such as vans and trucks) for the period since 1957, when the series began.

For Fenabrave, the increase in the number of registrations of cars and light commercial vehicles is due solely to the tax incentive. "Until the measures, the result was negative and the current numbers show the importance of the sum of efforts between government, private sector and financial institutions," he said in a statement, Flavio Meneghetti, president of the organization.

When included in the categories of heavy vehicles (trucks and buses), the increase in sales is 3.1% compared to June. Compared to July 2011, the increase was 18.92%. Considering the YTD growth is 1.84% compared to the first seven months of 2011.

Have the license plate of motorcycles in July rose 11.7% compared with June. However, in comparison with the same month of 2011, there was a decrease of 13.56% in sales.
In the year, the reduction was 8.47% compared to the same period last year.



Source: Agency Brazil

Our news are taken in full of our partner sites. For this reason, we can not change the content of these up in case of typing errors.

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

Important:
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.