Boston, MA -- (ReleaseWire) -- 02/20/2014 -- Total vehicle sales declined 1.1% in 2013, chiefly on the back of weakness in the country's passenger car market. Indeed, sales in this segment spiked in Q312 on the back of the introduction of government tax incentives, creating high base effects for 2013 and dragging down the year-to-date growth rate. Furthermore, the broader slowdown in consumer spending in Brazil impacted the passenger car segment, and we did not see a pick-up in the growth rate in Q4, despite lower base effects.
The majority of production in Brazil is for the domestic market.
View Full Report Details and Table of Contents
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
Browse all Transportation research reports at Fast Market Research
You may also be interested in these related reports:
- Vietnam Autos Report Q2 2014
- Russia Autos Report Q1 2014
- Israel Autos Report 2014
- Saudi Arabia Autos Report Q1 2014
- Kuwait Autos Report Q1 2014
- Thailand Autos Report Q1 2014
- Serbia Autos Report Q1 2014
- United Arab Emirates Autos Report Q1 2014
- Algeria Autos Report Q1 2014
- Bahrain Autos Report Q1 2014