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Brazil Passenger Car Market Analysis
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Publish Date : May, 2012| No. of Pages : 40
Brazil, one of the world’s largest automobile manufacturing markets, has been witnessing healthy growth compared to the global auto industry due to 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.
The report, “Brazil Passenger Car Market Analysis”, revealed that the country is far ahead of its regional counterparts, including Argentina and Mexico during 2011. In fact, it is the seventh-largest automobile-producing country in the world (including car and commercial vehicles) till the first half of 2011 . Our report covers detailed analysis of passenger car segments, like small, mid-sized, 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.
Our analysis of the car market in Brazil revealed that flex-fuel vehicle is the most accepted segment, due to its multi-choice of refueling system. Owing to supportive government regulations on biofuel usage, the sales of flex-fuel vehicles have been registering blistering growth over the past few years.
Our comprehensive research also presents a snapshot of the major players in the industry. Overall, it aims at providing an unbiased picture of the Brazilian passenger car market to clients.