New car, truck and bus sales in Brazil dropped 13.6% month on month in April as consumer demand waned after four straight months of gains, national dealers’ association Fenabrave said.
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Sales fell to 234,382 units in April, Fenabrave said, according to Reuters. Sales declined 10.3% year on year last month.
First quarter new car registrations reached 668,314 units, up 3.14% from the same period of 2008. Automakers association Anfavea last month projected a 4% sales drop to 2.71m light and heavy vehicles (2008: 2.84m) with production 11% lower at 2.86m units (versus 3.2m in 2008).
Production would be hit as exports fall 32% to just over 500,000 units corresponding to revenue off 39% to US$8.5bn.
Anfavea chief Jackson Schneider told just-auto: “If this forecast is achieved, it will be one of the best auto industry results worldwide in 2009, perhaps running second only to China which is also bound to grow.”
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By GlobalDataFiat led Brazil’s market in April with 58,227 cars and light trucks sold, followed by VW with 52,699. GM sold 40,615 units and Ford 24,124.
