BrazilAutomotiveGuide_2020

previous year, all segments considered. “The growth momentum is moderate and stable, which is key to the results”, states Mr. Assumpção Júnior. All of the segments experienced growth, with special emphasis on road implements, +48%, buses, +44%, and trucks, +38%. The automobile and light truck segments, combined, went up by 7,5%, whereas motorcycle sales went up by 15%. These numbers are based on the licensing as recorded by Renavam. The sales of used cars and road implements, on the other hand, indicated an increase of 2% in comparing the january through october periods in 2018 vis-à-vis 2019. For 2020 “prospects are positive”, Mr. Assumpção Júnior says, adding that he hopes to close up the year 2019 right on the original forecast of 3 900 000 registred vehicles for all of 2019. Fenabrave congregates 50 associations in the businesses of automobiles, light commercial vehicles, buses, road implements, motorcycles, tractors and agricultural machines, totaling over 7,1 thousand vehicle dealerships in Brazil. These companies combined generate 305 thousand direct jobs. On November 28 of 2019 the institution celebrated the 40th. anniversary of the enactment of Law 6.729/79, which establishes the regulation of the automotive vehicles distribution system in Brazil and balances the relations of the car manufacturers and the dealers. This law became known as “Renato Ferrari Law”, after the president of Abrave, the predecessor of Fenabrave, in the 1975- 1980 period, who put a lot of e ort into the approval of the law. In 1990 the law was modi ed and was renumbered as 8.132/90. tratores e máquinas agrícolas, representando mais de 7,1 mil concessionárias de veículos no Brasil. Juntas essas empresas respondem pela geração de 305 mil empregos diretos. Em 28 de novembro de 2019 a associação celebrou os 40 anos da promulgação da Lei 6.729/79, que estabelece a regulamentação do sistema de distribuição de veículos automotores no Brasil e equilibra as relações de fabricantes e revendedores. Essa lei cou conhecida como “Lei Renato Ferrari”, em homenagem ao presidente da Abrave, denominação anterior da Fenabrave, de 1975 a 1980 e um dos que mais trabalharam pela sua aprovação. Em 1990 a lei passou por alterações e foi renumerada como 8132/90. Divulgação/Peugeot 115 2020 | Brazil Automotive Guide