New vehicle sales in Brazil 2018 They are expected to grow over 10%, says Anfavea

The forecast for Brazilian vehicle production next year is around 3 million units, to expectation 2,7 million this year.
12/10/2017 15h36 - Updated 12/10/2017 15h36
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Vehicle sales in Brazil should have double-digit growth 2018, after expanding by 7,3 percent expected this year, despite the uncertainties that can be produced by setting election, said on Monday the president of the National Association of Vehicle Manufacturers (Anfavea), Antonio Megale.

In recorded presentation to Congress Autodata Perspectives 2018, Megale also commented that the forecast for the Brazilian vehicle production next year is around 3 million units, to expectation 2,7 million this year.

Megale not commented sales unit number expected to 2018, but the expectation to Anfavea 2017 It involves licensing 2,2 million vehicles.

"We spent the most complex phase of the crisis. This growth 7,3 percent is a good growth and this, combined with good numbers of exports, It means that we will have more interesting figures of production ", said Megale.

"In recent months there is a certain detachment of the political economy. The greatest economists of the country say they went out of the recession ", said the president of Anfavea.

However, the vice president of corporate affairs for Ford América do Sul, Rogelio Golfarb, He urged caution about the pace of recovery of the domestic market. According to him, growth above 20 percent in sales in September over the same month of 2016, It was based heavily on direct sales to fleet owners and rental companies still dependent vehicles and exports of market recovery in Argentina.

"We are realistic, the market has growing conditions near 10 percent in 2018, as compared to the base is weak ", said Golfarb.

"A little caution is necessary, at the time of recovery, who amassed conditions to buy (a new vehicle) purchase, but for the sustainability of growth it is necessary to have personnel who lost purchasing power in recent years ", said the representative of Ford.

Golfarb estimated that in 2018 competitiveness among automakers will become more fierce, but did not comment as will be the effect of this movement on the profitability of the sector. "In recovery, the fight for market share will be even greater ", said.

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