Total vehicle sales declined 0.9% in 2013, chiefly on the back of weakness in the country's passenger car market. Sales in this segment spiked in Q312 on the back of the introduction of government tax incentives, creating high base effects for 2013 and dragging down the year-to-date growth rate. Furthermore, the broader slowdown in consumer spending in Brazil impacted the passenger car segment, and we did not see a pick-up in the growth rate in Q4, despite lower base effects.

BMI Industry View 7

SWOT 8

SWOT Analysis 8

Political 10

Economic 11

Business Environment 12

Industry Forecast 13

      Table: Autos Total Market - Historical Data And Forecasts (Brazil 2012-2018) 13

      Sales 13

      Production 15

Passenger Cars 16

      Table: Passenger Car Market - Historical Data And Forecasts (Brazil 2012-2018) 16

      Company News 20

Commercial Vehicles 24

      Table: Commercial Vehicle Market - Historical Data And Forecasts (Brazil 2012-2018) 24

      Sales 25

      Production 26

Motorcycles 29

      Table: Motorcycle Market - Historical Data And Forecasts (Brazil 2012-2018) 29

      Table: Brazil Motorcycle Sales By Brand 31

Suppliers 31

Macroeconomic Forecasts 33

Economic Analysis 33

      Table: Brazil - Economic Activity 39

Industry Risk Reward Ratings 40

      Table: Americas Autos Risk Reward Ratings 42

Company Profile 43

Industry Trend Analysis 43

Regional Overview 46

Global Industry Overview 51

      Table: Passenger Car Sales March 2014 51

European Growth Gathers Momentum 51

Japan Prepares For Tax Fallout 53

China Wobble Adds To BRIC Weakness 54

Demographic Forecast 57

      Table: Brazil's Population By Age Group, 1990-2020 ('000) 58

      Table: Brazil's Population By Age Group, 1990-2020 (% of total) 59

      Table: Brazil's Key Population Ratios, 1990-2020 60

      Table: Brazil's Rural And Urban Population, 1990-2020 60

Methodology 61

Industry Forecasts 61

Sector-Specific Methodology 62

Sources 62

Risk/Reward Ratings Methodology 63

      Table: Automotive Risk/Reward Ratings Indicators And Weighting Of Indicators 64

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