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5 S ão Paulo – Daily average of vehicle sales in March, with nineteen working days, exceeded the mark of 12 thousand units, for the best result since 2014, according to information published by Anfavea, the entity that represents the domestic auto industry on Wednesday 4. According to its president, Antonio Megale, the industry is well on its way to come back to the level of 2014, and last month’s numbers vouch for that. Sales in the month totaled 209 thousand 165 units, an increase of 0.9% as compared to the same month of last year and of 5.3% in comparison to February. In the quarter, a total of 607.6 thousand vehicles were licensed, for an expansion of 11.4% over the same period in 2018, when 545 thousand 536 units were sold. That was Megale’s last meeting with the press as president of Anfavea. He highlighted the results achieved by the industry in the first quarter: “The growth rate we attained in the first quarter is our projection for the year, and I expect it to remain throughout the period”. As far as inventories, equivalent to 41 days of sales in the last day of March, Megale said that the volume is expected to decrease in April: “With sales picking momentum, the tendency is towards a reduction in inventories at the end of this month”. Daily average in March was the best since 2014 ASSESSMENT FROM ANFAVEA By Caio Bednarski Daily sales volume topped 12 thousand units Photo: Publicity

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