Vehicle sales up nearly 4 percent in Brazil
January 5th, 2012 - 3:22 pm ICT by IANSRio de Janeiro, Jan 5 (IANS) Vehicle sales in Brazil were up by 3.36 percent to 3.63 million units in 2011, compared with the figures in the previous year, the auto industry said.
Sales of cars and light vehicles totalled 3.42 million units, up 2.9 percent from 2010, but fell short of the expected increase of 5.9 percent, the National Motor Vehicle Producers Federation (Fenabrave) said Wednesday.
Truck sales rose 9.69 percent in 2011, reaching 172,600 units, while bus sales totalled 34,750 units, up 21.73 percent from 2010, Xinhua quoted the Fenabrave as saying.
Fiat had the largest market share, with 22 percent, among light vehicles in 2011, followed by Volkswagen with 20.4 percent, GM with 18.45 percent and Ford with 9.2 percent.
Among trucks, Volkswagen ranked first with 29.4 percent of market share.
Motorbike sales, which are not included in Fenabrave’s vehicle-sale figures, rose by 7.58 percent to 1.94 million units in 2011.
Honda had the largest market share with 78.8 percent, followed by Yamaha with 11.85 percent.
Fenabrave estimated that vehicle sales, including motorbikes, will reach 5.89 million units in 2012. Sales of cars and light vehicles are expected to rise 4.5 percent to 3.58 million units.
Brazil, with a population of 190 million, has become one of the world’s leading auto markets.
- Volkswagen's China sales go up in 2011 - Jan 13, 2012
- Mexico set auto production record in 2011 - Jan 12, 2012
- Automakers confident of China market despite slowing sales - Nov 24, 2011
- S. Korea's imported car sales grow in November - Dec 05, 2011
- Auto production hits record level in Mexico - Oct 18, 2011
- Renault to launch two more models in India in 2012 - Jan 17, 2012
- Brazil, Mexico settle dispute over auto exports - Mar 17, 2012
- Chinese vehicle manufacturer's 2011 profits slump - Mar 02, 2012
- Indian automobile sales zoom 31 percent in 2010 (Lead) - Jan 11, 2011
- Auto companies start 2012 with good sales (Roundup) - Feb 01, 2012
- China to use tax cuts to promote green vehicles - Mar 07, 2012
- Bajaj Auto net profit soars 163 percent - May 18, 2011
- General Motors to launch small car Sail in Q3 - Mar 26, 2012
- Auto companies report healthy sales number for February (Roundup) - Mar 01, 2012
- High interest rate, fuel prices slow down car sales (Lead) - May 10, 2012
Tags: auto industry, brazil rio, bus sales, cars, fiat, ford, gm, honda, light vehicles, market share, motor vehicle, motorbike sales, population, previous year, producers, rio de janeiro, trucks, volkswagen, xinhua, yamaha