Brazil car output and sales drop in September following on a strong August

Tuesday, October 8th 2013 - 18:20 UTC

Full article 7 comments

Brazil's car output and sales dropped in September from August, adding to signs of economic weakness in the third quarter after a surprisingly good start to the year. Automobile production in Brazil dropped 2.5% and sales fell 5.9% in September from August, the national automakers' association Anfavea said Read full article

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Brasileiro
This is an excellent third quarter. We will grow between 0,6% and 0,9% in the quarter. In the last quarter of the year will grow 1%. In total of the year 2013, we will grow between 3,6% and 4,0%. Excellent year. My prediction for 2014 is between 5.0% and 5.5%. By 2025, almost will double in size.
Oct 08th, 2013 - 07:53 pm - Link - Report abuse 0
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reality check
How many do you import from the evil empire?

As I understood it, you were their biggest market, or is that for more affordable vehicles? Shit, we would all like to drive Mercs, BMW or even the odd jag!

What does the average Brazilian drive?
Oct 08th, 2013 - 09:51 pm - Link - Report abuse 0
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Brasileiro
I can not see the amount of trade between Brazil and the UK, because it is not in the list of the ten most important countries for our trade.

Following is the list of the ten countries that more sell products to Brazil(2012, USD Billions)

China 34,2480
Estados Unidos 32,3570
Argentina 16,4440
Alemanha 14,2080
Coreia do Sul 9,0970
Nigéria 8,0120
Japão 7,7340
Itália 6,1990
México 6,0750
França 5,9090

Values refer only Brazilian imports.

Site / Source: http://www.brasilglobalnet.gov.br/ARQUIVOS/IndicadoresEconomicos/ComExtBrasileiroFEV2013.pdf
Oct 08th, 2013 - 11:16 pm - Link - Report abuse 0
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reality check
We all know Brazil is doing well and long may it stay so, I was just wondering, how many cars do import from Argentina and if you have your own industry, why do you import them?
Oct 08th, 2013 - 11:48 pm - Link - Report abuse 0
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Brasileiro
Argentina sells approximately 450,000 cars to Brazil, per year.

It is important to know that the auto industry in Brazil and Argentina are integrated. That is, we export auto parts, we buy vehicles already ready. We have a well-developed automotive agreement and does not suffer from political interventions. It's a win-win trade.
Oct 09th, 2013 - 12:15 am - Link - Report abuse 0
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ChrisR
So what did happen in August?

http://en.mercopress.com/2013/10/03/brazil-industry-production-unexpectedly-stalls-in-august

Really!
Oct 09th, 2013 - 04:53 pm - Link - Report abuse 0
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Brasileiro
Industrial sectors related to investment grew!

Brazil is changing profile (consumption X investment)

Everything has its time under the sun!
Oct 09th, 2013 - 05:21 pm - Link - Report abuse 0
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