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"Brazil Autos Report Q2 2014" Is Now Available at Fast Market Research

New Transportation research report from Business Monitor International is now available from Fast Market Research

 

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.

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