Brazil in March vehicle sales development

Electricity April 3, although the global automotive industry, the impact of financial

crisis in a recession, but the Brazilian National Association of auto sales diagrams

released on the 3rd displays that levy respite assesses by the Government in encouraging, in

March of this year vehicle sales development in Brazil , a Brazilian auto market in the identical

period sales of the best ever score.

Brazil were traded in March, encompassing vehicles, motor trucks and motor advisers of diverse kinds of vehicles,

including 271,393, representing 36 percent growth in February, an 16.9 percent increase

over the same period last year.

Volkswagen sales in March as a champion, accounting for 27.4 out of 100 of total sales.

Followed by Fiat, accounting for 25.2%. GM and Ford, respectively, to 19.2% and 9.8% in

the third and fourth.

The trade, the Brazilian automotive market during the financial crisis because there is

still such a strong performance is mainly attributable to the Government, including the

recent implementation of a sequence of levy incentives.

March 30, the Brazilian government broadcast the farther elongation of the automobile,

motorcycle and makeup elements of the duty support, support will be looked frontwards to to arrive at

15 million reals (about 680 million U.S. dollars).

Brazilian Finance Minister Guido Mantega sharp out that the Brazilian automobile

industry output value accounted for 23% of industrial output, to maintain tax concessions

in the auto industry will help to resist the impact of financial crisis.