Brasília – The president of the Brazilian Association of Automotive Vehicle Manufacturers (Anfavea), Luiz Moan, said this Monday (17th) that, despite the decline in sales of vehicles in the last few months, the sector’s confidence in the future of the Brazilian market “has not ceased in any moment”.
The clearest sign of confidence, according to him, is that there weren’t any cuts in investments. “In July, we had confirmation of R$ 7.8 billion [US$ 2.24 billion] in new investments, not only in the modernization of plants but also in the creation of new automotive engineering centers”, said the executive in a workshop in the Automotive Planning 2016, event taking place at the World Trade Center, south São Paulo.
According to Moan, Brazil can counter the negative economic scenario through the adoption of structural and exports stimulus measures.
The executive expressed the expectation that this week still exports stimulus measures could be released. In a meeting of the sector with representatives of various ministries, the companies are trying to reduce taxes and other custom difficulties in bilateral agreements.
Among these agreements is a negotiation with Colombia. Moan pointed out that sales to this country are around 10,000 unities, a number that could be higher since Colombia has the third market in South America, with a demand of 300,000 vehicles per year.
The discussions between ministries, according to him, are covering also the renewal of the automotive agreement with Mexico and exports to Peru, Uruguay and countries from the African continent.
The sector is also for the federal government to create new stimulus via the Harvest Plan, allowing easier access to funding by farmers for the purchase of trucks, implements and agricultural machinery.
*Translated by Sérgio Kakitani
