Despite End of Year Slump Vehicle Sales in Brazil Grew 14% in 2008

Brazilian road Total sales of new vehicles in December 2008, in Brazil,  grew 11.54% compared with November, according to figures released January 6 by the Brazilian National Federation of Motor Vehicle Distributors (Fenabrave). In December, 345,447 units were sold, as against 309,712 in the previous month.

In comparison with December 2007, when 413,143 new vehicles were sold, there was a decrease of 16.39%.

In the accumulated result for 2008, 4,849,497 units were sold, as against 4,248,275 in the previous year, growth of 14.15%. The figures include automobiles, light commercial vehicles, trucks, buses, motorcycles and highway implements.


Brazil produced 32.1 million tons of bulk steel from January to November, an increase of 4.2% when compared to the same period last year. This according to the Brazilian Steel Institute (IBS). The performance, according to the organization, reflects the strong growth of the steel market up to September.

In November alone, the country produced 2.32 million tons of bulk steel, 19.8% less than in October. According to the IBS, the reduction was due to total or partial stops at mills for scheduled maintenance services. The stops, according to the organization, were scheduled having in mind the slowing of the steel market at the end of the year.

Production of laminates grew 0.6% in the year and reached 23.8 million tons. In November, the Brazilian smelters produced 1.73 million tons, a reduction of 26% when compared to October.

A total of 20.9 million tons of ironworks products were traded on the domestic market up to November, growth of 10.6% over the same period in 2007. Sales of laminates totaled 1.4 million tons in November, 26% less than in October.

Exports, in turn, generated US$ 6.82 billion from January to September, growth of 22.5% over the same period last year. According to the IBS, revenues show the heated demand in the first months of 2008. In terms of volume, however, shipments dropped 10,5% in the year and totaled 7.94 million tons.


  • Show Comments (1)

  • falupa

    Car Growth in Brazil
    Brazilian car growth has nowhere to go but up. I’m just hoping that all goes well with the rest of the car market. It really just seems like this mag doesn’t talk about anything, but how the economy is doing well or telling lies about some Brazilian thing.

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

Brazil Will Keep Growing Agricultural Exports to Arabs in 2010

The Middle East and North Africa are included in the action plans of Brazil’s ...

It’s a Bull’s Market for Brazilian Beef

The number of markets that buy Brazilian beef rose this year from 106 to ...

Eucalyptus Is Making Brazil a Slave of the US and the First World

On January 20, 2006, Aracruz Celulose used helicopters, bombs, guns, tractors and 120 Federal ...

With 2 Million Kids Working Brazil Promises End to Child Labor

Since 1996 the Brazilian government has been able to rescue 930 thousand working children ...

Brazil Losing War Against Inflation. Consumer Price Index Up over 7%

Brazil’s government data show that annual inflation in the country hit a six-year high ...

Roberto Marinho – The Most Powerful Man in Brazil

Roberto Marinho commanded a media empire and some say that he was more powerful ...

Egyptian Minister Praises Brazil Work at WTO Global Talks

The minister of Industry and Trade of Egypt, Rachid Mohamed Rachid, praised the work ...

Air Canada Gets Brazil Embraer’s E-Jet Number 100

Brazilian jets manufacturer Embraer announced Friday, October 21, the delivery of its 100th E-Jet. ...

In Brazil Big Banks Are the Most Valuable Brands

According to a survey by Interbrand, one of the world's largest global branding consultancies, ...

South Korea Gets Green Light to Open Development Bank in Brazil

The Minister of Foreign Relations of Brazil, Celso Amorim, said yesterday that commercial relations ...