Riding on the back of strong domestic demand and robust exports market, the automobile sector in Brazil has been witnessing a healthy growth in comparison to the global auto industry. According to a new research report by RNCOS, the country is emerging as one of the largest automobile manufacturing markets in the world. It is, in fact, far ahead of its regional counterparts in the automobile production. In the nation, passenger car segment dominates the auto sector and the demand for luxury cars is rising. It is anticipated that the automobile sales in Brazil will grow at a CAGR of around 9% during 2012-2015.
Research Analysis & Highlights
The 140-page report, “Brazil Automobile Forecast to 2014” covers various aspects of the Brazilian automobile industry, providing the detailed analysis of each segment, be it passenger vehicles, commercial vehicles, two-wheelers, or auto components. The study highlights the current and future trends in each of these segments, along with the developments in the Brazilian automobile market. It has comprehensively analyzed the flex fuel vehicle industry in Brazil, and presented a future outlook for the same. The research also looks into the details of imports and exports of various types of vehicles. It also talks about growth avenues in motor insurance industry, automotive sensor market, and electric vehicles, among others.
Some of the key findings of the report are:
- Passenger cars dominate the Brazilian Automobile Industry.
- Raised tax on imported cars is propelling in-house production.
- Brazil is becoming the major importing destination for automobiles.
- Luxury car sales are surging in Brazil’s passenger car market.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM377.htm
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