Brazil’s car sales chill persists - leaders face up to stiff new competition

BRAZIL
Brazil’s car sales chill persists - leaders face up to stiff new competition
The latest health check on Brazil’s car market could hardly be worse

Published: Wed, 19 Nov 2014 20:49:11 GMT
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Brazil car sales 10-Months 2014 Hyundai HB20

Apart from a solitary gain this February, coming in the wake of a minor 1.2 per cent dip this January, new car sales have now plummeted for eight months in a row.

The only glimmer of hope for Brazil’s hard-struck autoindustry is that the market’s rate of decline has progressively slowed during the past two months.

That’s single digit declines during September and October compared with the markedly steeper double-digit declines seen between March and August.

-9.3%
October's car sales dip in Brazil

The fallout from this year’s spring and summer sales drought is easily spotted.

October’s 9.3 per cent sales dip brings Brazil’s cumulative car sales total to just over 2 million units, down 11.4 per cent over last year’s comparative period...more

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DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:
BRAZIL new car sales by manufacturer and marque:
OCTOBER 2014 v OCTOBER 2013
10-MONTHS 2014 v 10-MONTHS 2013

BRAZIL new car sales by TOP SELLING MODEL:
OCTOBER 2014 v OCTOBER 2013
10-MONTHS 2014 v 10-MONTHS 2013

BRAZIL new SUV/CROSSOVER sales by TOP SELLING MODEL:
OCTOBER 2014 v OCTOBER 2013
10-MONTHS 2014 v 10-MONTHS 2013

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-9.3% October's car sales dip in Brazil

-9.3%
October's car sales dip in Brazil