SAO PAULO – The Brazilian government plans to end its tax incentives for vehicle manufacturers at the end of the first quarter, and auto makers are bulking up their inventories. The National Vehicle Manufacturers Assn. (Anfavea) says based on daily sales, Brazil’s vehicle plants had a combined 36-day inventory in January, compared with 26 days in December. Auto makers reportedly produced 234,400 vehicles in January, up 31.6% from prior-year. Light-vehicle sales fell 27.5% in January, ...
Premium Content (PAID Subscription Required)
"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.