Increasing Trucks Sales Boosting Brazil Automobile Industry

The sale of trucks in Brazil is anticipated to grow at a CAGR of around 9% during 2012-2015, says RNCOS in its recent research report.

NOIDA, India (prHWY.com) February 18, 2013 - Over the past few years, truck sales have witnessed rapid increase in Brazil. Backed by high government investment in infrastructure and construction projects, improving economic condition, and growing agriculture sector, the segment has received heavy boost. Improving economic condition, rising private consumption, growing logistics market and strong domestic demand is also equally contributing towards the sales of trucks in the country. Not to forget rising export and import of trucks is also boosting the segment. On the back of all these factors, it is projected that the sale of trucks in Brazil will grow at a CAGR of around 9% during 2012-2015. Brazil, which was the major exporter of automobiles till 2008, has been witnessing a surge in domestic demand since 2009, and this has made the country a major importer.

Further, according to our research report, "Brazil Automobile Forecast to 2014", high domestic and global demand has enabled the Automotive Industry in Brazil to emerge as one of the attractive sectors in the country. Rising purchasing power and easy automobile financing are also propelling growth of the industry. Through various policy revisions, the government is also making efforts to encourage the Industry that are effecting the growth of the Industry.

Our report also covers an in-depth analysis of the automobile segments like passenger car, light commercial vehicle, buses, motorcycles, and agricultural machinery along with registration, production, and sales. As per our research, the passenger car segment dominates the Brazilian Automobile Industry, and will continue ruling the market in the coming years. Moreover, our report also includes the study on imports and exports for each automobile segment. It also provides a detailed analysis of the auto component industry in terms of their export and import, revenue, and investment.

Moreover, our report, "Brazil Automobile Forecast to 2014", covers a comprehensive analysis on the Brazil Automobile Industry in context with global Automobile Industry. It also includes the latest trends and drivers of the industry along with the government regulations and tax structure. In addition, our report provides the detailed analysis on the leading players operating in the country along with their recent activities. Therefore, with this extensive research work, our aim is to present an unbiased picture on the potentials of the Brazil Automobile Industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM377.htm

Some of our Related Reports are:

- Indian Tyre Industry Forecast to 2015 (http://www.rncos.com/Report/IM463.htm)
- Passenger Carrier Market in China Outlook 2014 (http://www.rncos.com/Report/IM405.htm)
- Goods Carriers Vehicle Market in China Outlook 2014 (http://www.rncos.com/Report/IM406.htm)
- Passenger Car Market in China Outlook 2014 (http://www.rncos.com/Report/IM407.htm)

Check Related REPORTS on: http://www.rncos.com/Transportation.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: brazil automobile sales

Categories: Automotive

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