Brazil, one of the world’s largest automobile manufacturing markets, has been witnessing healthy growth as compared to the global auto industry due to the strong domestic demand and exports market. At present, the passenger car segment dominates the Brazilian automobile industry, and will continue ruling the market in the coming years. According to our latest report’s estimations, Brazil’s automobile industry, which is witnessing a significant growth, will see automobiles sales increasing at a CAGR of around 9% during 2012-2015.
The “Brazil Automobile Forecast to 2014” found that the country is far ahead of its regional counterparts, including Argentina and Mexico, and produced over 3.4 Million automobiles (excluding agri-machinery and motorcycles) during 2011. Our report covers the detailed analysis of passenger car segments, like small, mid-size and luxury cars, including the study of production and sales for each category. As per our analysis, luxury cars sales are growing rapidly in the country with the rising per head disposable income. Business Research
Our report also studies in detail the other automobile segments, like light commercial vehicles, buses, trucks and agri-machinery. On analyzing, we found that southeast region of the country dominates in terms of automobile fleet and new vehicle registrations. Sao Paulo is the leading state in the region with the maximum number of vehicles.
For more information kindly visit : Brazil Automobile Forecast to 2014
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