Sales of vehicles in April were down 9.5%, compared to the same period last year. According to the Auto Dealers Association (“Fenabrave”), a total of 406,496 vehicles were licensed in April. That was down 15.96%, compared to March 2011. Fenabrave says it has now revised its forecast of the vehicle sale increase for this year to 3.4%, down from 5.76% at the beginning of the year.
Automobile sales in April 2012 had their worst performance since April 2009, with a drop of 10.84% in sales, compared to April 2011.
The only vehicle segment were there was an increase in sales was in farm machinery, up 4.84% (April 2012 to April 2011 comparison).
The biggest drop was in sales of buses, down 21.47%.
The Brazilian automobile and light-duty truck segment is dominated by Fiat, with 21.8% of the market, and Volkswagen, with 20.8%.