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Your email address will not be published.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

Yahoo Gets Lunar Eclipse Mood to Relaunch Brand in Brazil

Yahoo! Brazil is introducing a new version of their homepage together with a brand ...

Lula Wants a Bigger Role for Brazil in the World Bank and the IMF

Brazil and its neighbors in the Mercosur are in a more solid position to ...

Brazilian Airports Latest Headache: Hundreds of Lost Luggage Pieces

Brazil’s ANAC (National Agency of Civil Aviation) promises to conduct an audit today to ...

Brazil Shuts Down Over 1,000 Pirate Radios, But Thousands Are Still on the Air

This year, Brazil’s  Anatel (AgΓͺncia Nacional de Telecomunicaçáes – Telecommunications Regulatory Agency) has stepped ...

Brazilian Indians Give President Lula an F

The 3rd Acampamento Terra Livre (Free Land Camp) Letter has been debated and written ...

US$ 7.4 Billion: Brazil Petrobras’s Profit Falls 20% in First Half

Brazilian state-controlled oil and gas multinational Petrobras had net profit of 13.55 billion Brazilian ...

Chavez Spreads Petrodollars Throughout Brazil and South America to Fend US Invasion

Venezuelan president Hugo Chavez arrived late Tuesday night, August 9, in Montevideo, capital of Uruguay, as ...

Brazilian Scientists Show How Marijuana Can Help in Treating Parkinson

Brazilian researchers from prestigious University of SΓ£o Paulo (USP) have discovered that marijuana contains ...

Transport Makes Business with Brazil Hard, Say Syrians

Syrian businessmen are interested in buying more Brazilian products. They want to open a ...