In Brazil, Recovery of Highway Implements Sector Still Tentative

Brazilian semi-trailer In Brazil, sales of highway implements are showing signs of recovery. In July, there was a demand for 10,599 units, representing growth of 14.54% in comparison with the 9,253 units licensed in June. The figures were disclosed by the National Association of Highway Implement Manufacturers (Anfir).

Despite the sector's performance having improved for the second month in a row, the president of the Anfir, Rafael Wolf Campos, claimed that the result is not yet sufficient to make up for the losses.

"The result has been positive in the last two months, and that is important to keep the spirits up for companies in the sector, but not enough to compensate our losses. After all, we were faced with plummeting production and sales since September 2008," said the president in a release issued by the Anfir.

Implements of the light type (bodies on chassis) recorded the greatest growth, with 6,898 licensings in July, growth of 18.73% compared with June. As for the heavy type (trailers and semi-trailers), there were 3,701 new licensings, 7.49% more than in the previous month.

From January to July, the industry exported 1,245 units, a reduction of 62.78% in comparison with the 3,345 units shipped in the same period last year.

According to figures supplied by the Anfir, foreign sales remain the main contributing factor to the losses incurred by the sector. "The signals show improvement over the previous months, but we are still way below the levels recorded in 2008," said Campos.

According to him, the exemption from the Tax on Industrialized Goods (IPI) and the change in rules for the line of financing offered by the Brazilian Development Bank (BNDES) have contributed for the improvement seen in recent months.

So far this year, the implement industry sold 59,998 units of equipment in the domestic market, a 21% reduction over the first seven months last year. In spite of the slowdown, Campos stated that companies are maintaining their investment projects.

Anba

Tags:

Ads

You May Also Like

Por aí

Tropical Christmas Some of Brazil’s greatest composers and singers have gathered around the Christmas ...

Basic Schooling Now Takes 12 Years in Brazil Too

Brazil is moving to expand its basic education system (elementary schooling) to 9 years, ...

United, the Poor Will Not Be Manipulated, Says Brazil in Hong Kong

Proximity between the various groups of developing countries is being extolled as one of ...

Brazil Asks the World More Patience on Dealing with Iran

Brazilian president Luiz Inácio Lula da Silva and Foreign minister, Celso Amorim, continue contacting ...

Brazil Newspapers Ban Google News. Their Message: Pay Up or Go Away

Newspapers accounting for 90% of the circulation in Brazil have abandoned Google News. Brazil’s ...

Brazilian Colorful Fashion Is a Hit Overseas

Brazilian colorful prints of dresses by brand Anunciação, in the midwestern state of Goiás, ...

Brazil Gets 90 Million Doses of Tamiflu in Preparation for Bird Flu

Although there still have not been any cases of bird flu in Brazil, the ...

Avian Flu and Weak Dollar Reduce Brazil Chicken Export by 24%

Brazilian exports of chicken meat generated US$ 251.5 million in September, which represented a ...

Presidential Hopeful Rousseff Urges Union Between Left and Center Left

Chief of staff Dilma Rousseff, Brazil’ ruling Workers Party presidential hopeful, admitted that there ...

Letters

Are they serious?In your March edition in the “Rapidinhas” section you listed a short ...