"Brazil Autos Report Q3 2012" Now Available at Fast Market Research
Early indications would suggest that 2012 will be a difficult year for the Brazilian auto sector, as a combination of higher auto import taxes and revised regulations combine to depress demand. New vehicle sales in Brazil in Q112 struggled to match Q111 levels, declining by 0.8% year-on-year (yo- y), to 818,364 units, according to estimates from Brazil's National Association of Motor Vehicle Manufacturers (Anfavea). We believe the contraction was the result of a slew of recent regulatory changes in the...
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