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2009 South America automobile market overview and Outlook for 2010





Super cars news affected by financial crisis, the 2009 global automotive market demand fell, but benefit from the Government introduced a series of automobile consumer incentives, South American automobile market did not render more substantial decline. United Kingdom authority car media Just-auto South American countries through the careful study of the automotive market, recently announced the 2009 South America five major national survey of the automobile market. The five countries, namely Brazil, Argentina, Venezuela, intelligence and Colombia. Just-auto showed that in 2009 the five countries of light-duty vehicles in the total sales volume decreased by 3% to 370 million. The following is the 2009 these five countries market profiles and market Outlook 2010.

First, Brazil: Storm

If the Government of Brazil in December 2008 have not introduced the automobile acquisition tax relief measures, 2009 Brazil automobile industry will be facing a laid-off employees in large quantities.

For the full year 2009, Brazil light vehicle sales for the 300 million units, compared with the 2008 rose by 12.6%. However, the acquisition of tax incentives in the fourth quarter of 2009, 2010, after the termination of Brazil automobile market is not optimistic.

According to industry insiders predict that 2011 Brazil economy will return to growth, Brazil light vehicle market by 2011 will also render sharp rise in the trend, it is even possible to create new in 2011.

Second, Argentina: dying

In 2009, the sales year-over-year decrease of Argentina light up 10%. Argentina Government also introduced the automobile consumption stimulation policy, while not blocking automobile market downturn, but to avoid the deterioration of the situation.

Industry insiders predict that by 2010, Argentina automotive market would gradually warmed up.

III. Venezuela: free fall drop

From foreign exchange restrictions and the import quota of Venezuela, Venezuela's La light vehicle markets in the past few years has been presenting free fall speed decreased. In 2009, light vehicle sales by Venezuela 2007 450,124 tumbled to 100,000 vehicles.

In 2010, with the oil recovery, auto parts export business recovery and Exchange problem solved, Venezuela domestic automobile market demand will gradually warmed up.

IV. intellectual: stream

Intellect is the domestic light vehicle market with bare hands, global automotive market requirements by the wave of the counterweight. In 2009, the Government has not introduced any intelligence policy, complete the fate of the automobile market intelligence to market forces. 2009, year-over-year sales intelligence light fell by nearly one third.

2009 year of the first 3 months, intelligent auto market dropped to historical lows. But the next few months, the market demand started to warm up.

5. Colombia: looking forward to recovery

According to industry insiders predict that Colombia light vehicle market by 2010 will slowly recovering, or expected to 1%.

Heald, by 2010, in addition to the Brazil market, the other four countries the light vehicle market will render an upward tendency. 2010, Brazil, Argentina, Venezuela, intelligence and Colombia the five countries of the total sales volume is expected to be $ 450 million units, an increase of 6%, of which Brazil market share will account for 60%.

(Moving cars)

[Edit: malenawang]