• Categories
  • Archives

Over 20% Growth: Flexfuel Vehicles Fuel Record Car Boom in Brazil

Flexfuel car Fiat Punto made in Brazil The automobile industry in Brazil produced and sold a record number of new vehicles in the first half of 2008, with flex-fuel cars leading the surge according to the auto manufacturers' association, Anfavea.

Domestic sales soared 30% over the first six months of 2007 to 1.41 million units. In June alone, sales rose 5.8% from May and jumped 28.8% from the month a year ago to 256.000 units.

Production of new cars rose 21.3% in the first half over a year ago to 1.68 million units, while June output rose 4.8% from May and 23% from the same month a year ago to 303,800 units. Anfavea said it expects strong results from the automotive sector to keep sales and output in record territory through the end of 2008.

The sale of light cars with flexfuel motors, which can run on any combination of gasoline or ethanol, has been the driving force behind the strong performance in the sector.

Those sales accounted for 87.5% of all new car sales in June, compared with 87.6% in May and 86.2% in June, 2007. Over the first six months of this year, flex-fuel sales reached 1.17 million units.

The bull market for sales also extended to farm machinery such as combines and harvesters growing 9.2% in June over May and 50.5% over June 2007 to 5.100 units. Over the first half of the year, sales were up 52.4% above the same six months of 2007, reaching 25.400 units.

Mercopress

Tags:

  • Show Comments (2)

  • Ch.c jail mate.

    TO CH.C, THE CLOWN OF THE SITE!
    CH, I would love to give you a SURRA DE TAPAS! Your inbecil!!! HOW ABOUT YOU, YOUR DOUGHTER AND YOUR MOTHER TO BLOW ME!! πŸ˜‰

  • ch.c.

    Great news !
    Great news for Ford, GM, Fiat, VW etc etc and including for BOSCH the German company that invented the Flex Fuel Engine !!!
    None of these companies are Brazilians…to my knowledge !!!!!!!!!!!!

    The same for the sale of trucks !

    And somewhat similar for your farm machinery !!!!!!

Your email address will not be published.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.

Ads

You May Also Like

In Brazil, We Also Have a Dream

Almost all political speeches are irrelevant and soon forgotten. But, a couple weeks ago, ...

Brazil Expecting 80,000 from Around the World to Hospital Fair

A delegation of sixteen representatives of the medical product industry in Egypt arrived yesterday ...

Lula Talks About Dreams of Offering Brazilian Northeast Economic Opportunities

Brazilian President Luiz InΓ‘cio Lula da Silva reaffirmed, yesterday, August 4, in Canto do ...

Minister Resigns Over Bolivia’s Retreat on Brazilian Refineries Take Over

The Bolivian government has suspended plans to nationalize without compensation two large oil and ...

Despite Appearances Brazil Has Long Way to Go on Gay Partnership Road

Gay couples are rejoicing in California, where they have recently obtained the right to ...

Bolivia Starts Process to Join Mercosur at Brazil’s Summit

The Common Market Council, comprised of foreign ministers and ministers of economy of the ...

Brazil’s Lula: ‘Only New Order Will End Terrorism’

Brazilian President Lula wants the member nations of the Community of Portuguese-Language Countries to ...

In Rio, 95% of Favelas Are Controlled by Drug Lords and Police-Connected Thugs

Postcard-pretty Rio, in Brazil, is pockmarked with favelas (slums). More than a thousand of ...

With Five Racers from Brazil In, Storylines Abound for Brazilians at Indy 500

Immensely popular HΓ©lio Castroneves, whose personality once reenergized a flagging Indy Racing League, is ...

Brazil’s Agriculture Hasn’t Been So Bad in Nine Years

According to data released by the Brazilian Institute of Geography and Statistics (IBGE), Brazil’s ...