BRAZIL: Flex-fuel vehicles dominate auto sales in May
For the first time since they were introduced in Brazil in March 2003, flex-fuel vehicles have dominated monthly sales here.
According to Brazil's National Association of Vehicle Manufacturers (Anfavea), 67,560 flex-fuel cars and light commercials were sold in May, accounting for 47.3% of the 142,978 new vehicles sold in the country, including trucks and buses.
Petrol vehicles accounted for 41.4% of May sales. Diesel vehicles had a 9.4% slice and alcohol-only cars took 1.9%.
Brazil bans sales of diesel passenger cars and allows that type of engine only in light commercials with more than one ton cargo capacity or four-wheel drive, trucks and buses.
Nowadays, six of the 16 automakers building cars and light commercials in Brazil make vehicles with engines that run on petrol, alcohol or a blend of the two. Volkswagen, Fiat, General Motors, Ford, Renault and Peugeot already offer locally-made flexible models and, in August, Citroën will launch its first flex-fuel car.
The strong performance of flex-fuel vehicles actually helped to boost automotive sales in May. Sales increased 3.9% compared with the 137,978 vehicles sold in April. Year-on-year, sales grew 16.2%.
Despite the Brazilian reais increasing in value against the US dollar, exports have remained strong in the last few months. In May, automakers exported 74,750 vehicles worth $US 896.5 million.
"That was the best ever May export performance for the brazilian automotive sector", said Rogelio Golfarb, Anfavea´s president.
May exports were up 8.7% in units exported and 1.7% in income compared with April. Year on year, the May result was up 51.7% in units exported and 33.8% in income by sales.
With both domestic sales and exports growing, monthly vehicle was the highest so far this year. Brazil built 213,421 vehicles, an increase of 4.9% compared with the 203,473 units made in April, and up 19.2% on the 179,098 units made in May 2004.
Was John DeLorean as bad as many said he was? Or as good? A man who knew him attempts a summing-up of a brilliant and controversial motor industry executive and entrepreneur. By Karl Ludvigsen...
Japan's vehicle manufacturers are experiencing a sharp slowdown in earnings growth in the current fiscal year due to adverse currency valuations, rising raw material and energy costs and higher intere...
Navistar International Corporation has announced that its South American engine subsidiary, International Engines South America, has agreed to acquire MWM Motores Diesel Ltda (MWM), a major Brazilian ...
MSC.Software Corp. has announced that Fiat Group has signed a three year renewal of their worldwide corporate agreement with MSC.Software....
As diesel engines become predominant in Europe and begin to gain increased consideration in the US, Delphi says that it has an answer to the question of helping automakers answer a tough question: how...
Fiat will invest about $US500 million in Brazil between 2005 and 2007 to develop new models and to modernise its plant in Betim city, Minas Gerais state....
As it launched the Brazilian-built Fox three-door compact in Europe, Volkswagen was introducing the Crossfox in Brazil, a five-door pseudo-offroader version....
Volkswagen's new Fox small car will be profitable in the first generation of the new model helped by low production costs, chief executive Bernd Pischetsrieder told Bloomberg News....
- ANALYSIS - Jaguar takes on Porsche with F-PACE
- THE WEEK - aftermarket player and new products
- Autumn facelift beckons for Citroen's Family hit
- General Motors' platform strategy decoded
- Peugeot steps up a gear with new 3008
- Romanian PM asks Ford for more
- Ford recalls 271,000 F-150s for brake job
- Maserati to double Levante SUV output
- Magna to build aluminium casting facility in UK
- Volkswagen nominates 55 FAST suppliers
- Global light vehicle engine technologies market - forecasts to 2030
- Global light vehicle safety systems market - forecasts to 2030
- PLDB - vehicle cycle plan database (12-month membership)
- Global light vehicle roof systems market - forecasts to 2030
- Global light vehicle turbochargers market - forecasts to 2030