The month of February came to an end with 129,300 light and heavy vehicles registered, which means another bad result for the automotive sector. Sales of light and heavy vehicles fell by 22.8% compared to the same month in 2021. Previous data are based on Renavan (National Registry of Motor Vehicles).
In relation to January, there was a 2.2% increase in sales, which shows a worrying trend towards stability.
The daily average of registrations in the first two months was 6,239 units. In the same period of 2020, 9,861 vehicles were registered per day. It was the last few months before the WHO (World Health Organization) declared that the world was experiencing the Covid-19 pandemic.
Automakers still have units produced in 2021 in stores, and some of these cars still need to be sold in the first half of the year, as they are not suitable for phase 7 of Proconve (Vehicular Emissions Control Program).
The impacts of the omicron variant of the coronavirus on commerce, the rise in the basic interest rate and the accumulated increases in vehicles are among the causes of registrations below expectations.
Next Tuesday (8), Anfavea (association of automakers) will release production data at the beginning of the year and take stock of the possible impacts of the war in Ukraine on the national automotive industry.
The 25% reduction on the IPI rate (Tax on Industrialized Products) will also be one of the topics addressed by the entity. In practice, however, pass-throughs to car list prices should be small, if at all.
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