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Thursday, April 16, 2009

Brazil in March vehicle sales expansion

By Zou cheaponsale

Electricity April 3, though the worldwide automotive development, the consequence of fiscal

crisis in a recession, but the Brazilian National Association of auto sales figures

released on the 3rd displays that levy respite assesses by the Government in encouraging, in

March of this year vehicle sales development in Brazil , a Brazilian auto market in the identical

period sales of the best ever score.

Brazil were marketed in March, embracing motor vehicles, motor trucks and omnibuses of assorted sorts of vehicles,

including 271,393, comprising 36 per hundred development in February, an 16.9 per hundred boost

over the matching interval last year.

Volkswagen sales in March as a champion, accounting for 27.4 out of 100 of total sales.

Followed by Fiat, accounting for 25.2%. GM and Ford, respectively, to 19.2% and 9.8% in

the third and fourth.

The trade, the Brazilian automotive market during the financial crisis because there is

still such a strong performance is mainly attributable to the Government, including the

recent implementation of a series of tax incentives.

March 30, the Brazilian government broadcast the farther elongation of the automobile,

motorcycle and construction materials of the tax relief, relief will be expected to reach

15 million reals (about 680 million U.S. dollars).

Brazilian Finance Minister Guido Mantega sharp out that the Brazilian automobile

industry end wares worth accounted for 23% of highly-developed end wares, to uphold duty concessions

in the auto development will help to defy the consequence of fiscal crisis. - 21392

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