weekly_edition_869

5 2.25 to 3.9.2019 With 20 working days in the month, sales daily average was 9.9 thousand vehicles in February. To president Alarico Assumpção Junior the performance of dealerships in the two-month period confirmed the association’s forecast: ”At the beginning of 2019 we projected an upswing in sales for all automotive segments, based on the resurgence of the economy. There is a continuing reduction in default rates, and a growth, albeit modest, in the generation of new jobs, inflation and interest rates are under control, and both consumer and business confidence is up”. Sales of passenger cars and light vehicles reached 189 thousand 850 units, an increase of 25% over the February 2018 numbers. In the two-month period, there were 380.5 thousand units, a volume 16.3% higher than the relevant period in 2018. Licensing of trucks was also up in February, as the Renavam numbers published by Fenabrave indicate. For the month 6 thousand 816 vehicles in the segment were sold in the country, an upswing of 65% over the number of licenses of last February. The volume of buses sold reached 1 thousand 987 units in February for a 75% growth over same month in 2018. Share. Sales performance in the passenger car and light commercial vehicles segment shows General Motors as market leader in February, despite the peculiar times it went through during the month, with a market share of 17.8%. Fiat, from FCA, maintained the second spot, with a 15.13% share. Volkswagen, Renault and Ford complete the group of the top five manufacturers. In February, direct sales accounted for 43% of total sales in the country. Fiat was the top performer in this sales channel, with a 21% share. Out of the total volume moved by GM, 19%went through direct sale. In VW, the corresponding number was 13%. Renault and Ford complete the top five.