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.”
Fiat 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.
