Car sales increased 1.4% in August
From January to August, a decrease of 11.3% was posted compared with the same period in 2015. Compared with August last year, the drop stood at 23.1%.
Car sales in domestic market increased by 1.4% in August, compared with the previous month. A total of 183,900 units were sold, indicating that growth pace has slowed compared with July, when business increased 5.6%.
From January to August, a decrease of 11.3% was posted compared with the same period in 2015. Compared with August last year, the drop stood at 23.1%.
Data were released by the National Association of Auto Manufacturers (ANFAVEA), representing carmakers in the country.
Data also indicate that the industry reduced revenue last month compared with July 2016, reaching $923.8 million (down 1.9%).
Production also fell 6.4%, or 177,700 units. From January to August, production declined 18.4% and on August 2015, 20.1%.
ANFAVEA's President Antonio Megale pointed out that as the country's political scenario was defined, it is now "time to move on." He defended structural reforms, noting that the pension deficit issue is "a time bomb". For the businessman, the country also has to develop the issue of infrastructure to become more competitive with external market.
According to Megale, the automobile industry has achieved good results in trade agreements with foreign countries, and we must "enjoy this moment and take a turn to compete with the world."
Translated by Amarílis Anchieta
Fonte: Car sales increased 1.4% in August
