From the Newsroom*
São Paulo – Brazilian vehicle exports grew 13.1% from January to March this year and reached revenues of US$ 3.24 billion. The figures regarding sector performance were disclosed today (4) by the National Association of Vehicle Manufacturers (Anfavea).
According to the chairman at the organisation, Jackson Schneider, heated sales in Latin America helped boost sector foreign sales. He recalled, however, that a large part of this international demand was for agricultural machinery and implements. "It is very focussed," he said.
In the month of March alone, vehicle exports totalled US$ 1.15 billion. The value represented expansion of 6.6% over February and 3% over the same month last year. In sales on the domestic market, Brazilian carmakers managed, last month, their best result for months of March.
Sales totalled 232,147 vehicles. The volume was 15.6% greater than in February and 20% greater than in the same month in 2007. From January to March, 648,000 vehicles were sold in the country, 31.4% over the same quarter last year.
Production of vehicles grew 11% in March over February and 13.4% over the same month last year, with 280,600 units. From January to March, production totalled 783,000 units, 19.3% more than in the first three months of 2007. The March and quarter production figures were historic records for the Brazilian vehicle sector.
Car prices grew just 1.82% in Brazil in recent months, against inflation of 4.61% in the period. According to the Anfavea president, prices have been kept down due to the competition there is currently in the sector in Brazil.
*With information from Agência Brasil
