{"id":265503,"date":"2020-01-07T16:42:06","date_gmt":"2020-01-07T19:42:06","guid":{"rendered":"https:\/\/anba.com.br\/?p=265503"},"modified":"2020-01-07T18:23:04","modified_gmt":"2020-01-07T21:23:04","slug":"industry-expects-to-sell-9-4-more-vehicles-in-2020","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/industry-expects-to-sell-9-4-more-vehicles-in-2020\/","title":{"rendered":"Industry expects to sell 9.4% more vehicles in 2020"},"content":{"rendered":"<p>S\u00e3o Paulo &#8211; The National Motor Vehicle Manufacturers Association (<a href=\"http:\/\/www.anfavea.com.br\/\" target=\"_blank\" rel=\"noopener\">Anfavea<\/a>) estimates that new vehicle sales will climb by 9.4% in 2020, to 3.05 million cars, light commercial vehicles, trucks and bus. <a href=\"https:\/\/anba.com.br\/en\/domestic-sales-of-vehicles-up-exports-down-in-brazil\/\">Last year<\/a>, 2.79 million were sold.<\/p>\n<p>\u201c[Growth] is still slow but we\u2019re seeing some signs, and this may help consumption to take up,\u201d said Anfavea president Luiz Carlos Moraes this Tuesday (7) in S\u00e3o Paulo.<\/p>\n<p>Exports, however, are expected to drop. In 2020, they should reach 381,000 vehicles, from 428,000 last year.<\/p>\n<p>\u201cWe\u2019re more conservative about exports. We don\u2019t see it taking up in the short term,\u201d he added, arguing that Brazil \u201crelies heavily on Argentina [market]\u201d regarding foreign sales, and the neighboring country is undergoing an economic crisis.<\/p>\n<p>Moraes believes Brazil has a chance to establish itself as the world\u2019s sixth largest automotive market this year. If it advances in the ranking, where it\u2019s now in the eight position, it\u2019ll surpass France and the United Kingdom.<\/p>\n<p>Regarding production for this year, the volume is expected to reach 3.16 million units. In 2019, the plants manufactured 2.94 million vehicles.<\/p>\n<p>In the agricultural and road machinery sector, domestic sales are expected to go up by 2.9%, while exports can increase by 1%.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-265494\">Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Brazilian manufactures association estimates sales at 3.05 million units. But exports are expected to decline.<\/p>\n","protected":false},"author":2316,"featured_media":265494,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[13347,9667,34374,1971,1790,4327,4641,9561,9588,4202,1789],"class_list":{"0":"post-265503","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-agricultural-machinery-en","9":"tag-anfavea-en","10":"tag-argentina-2-en","11":"tag-argentina","12":"tag-automobiles","13":"tag-bus","14":"tag-exportacao-en","15":"tag-exports-en","16":"tag-light-commercial","17":"tag-road-implements","18":"tag-vehicles"},"wps_subtitle":"Brazilian manufactures association estimates sales at 3.05 million units. But exports are expected to decline.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/265503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=265503"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/265503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/265494"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=265503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=265503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=265503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}