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3 1.7 to 1.12.2019 respectively. As for the light vehicles, according to the entity’s accounts, sales will rise 11.3%, to 2 million 755 thousand units. Production should grow less than two digits. According to estimates by Anfavea, 3 million 140 thousand vehicles will leave the assembly lines in 2019, 9%more than in 2018. Once again the heavy vehicles segment, with an advance of 11.9%, has better prognosis than the light vehicles segment, which is expected to remain at an increase of 8.9%. The same happens with exports in volume: the good performance of markets such as South Africa and Russia are expected to increase foreign sales of trucks and buses by 3.7%, while light vehicle shipments are expected to decrease by 6.8%. In total, the volume exported by the industry will add 590 thousand units in the entity’s accounts, a decrease of 6.2% compared to 2018. In terms of figures, Anfavea estimates a 3.9% decrease in revenue, yielding US$ 13.9 billion to the industry’s treasuries - with dollar varying from R$ 3.70 to R$ 3.90. “Argentina’s GDP is expected to have a decrease around 2% and the market will stay below 700 thousand units”, said Antonio Megale, president of Anfavea. “As 70% of our exports are destined to Brazil’s neighboring country, our expectation is for a new decrease in foreign sales”. According to the executive, all indicators of the Brazilian market are positive. Anfavea’s projections were based on a GDP increase of 2.5% to 3%, with inflation at 4% and the Selic rate could reach a maximum of 7% per year. “The increased confidence level and reforms promised by the new government sustain our positive vision, as well as the resumption of infrastructure investments”. Machinery – Sales of agricultural and highway machinery will increase 10.9%, according to the calculations of the entity, to 53 thousand units. Exports will be 2.5% higher, with 13 thousand machines generating production of 66 thousand units, in line with the result of 2018.

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