São Paulo, October 3, 2013: Despite a successful first semester 2013 with strong sales and production increases over 2012, the current economic scenario in Brazil indicates a more conservative outlook for 2013 and 2014: 2013 passenger car sales are expected to stagnate at 3.6-3.7 million for the next 2 years with more attractive growth of 10 percent per year coming only from the commercial vehicles sector, which is finally recovering from its crisis.
03 Oct 2013 | 3193 Views | By Autocar Pro News Desk
However, according to the Roland Berger study titled ‘The Brazilian profitability challenge – Ensuring sustainable margins for automotive suppliers’, small overall industry growth will negatively impact total performance of automotive suppliers operating in Brazil.
"Although Brazil has a track record of profitable business in the automotive sector, recent figures indicate ...
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