THE BRAZILIAN AUTO INDUSTRY By Justus Mittag History

THE BRAZILIAN AUTO INDUSTRY By Justus Mittag

History • • At first competed with Latin America. The industry succeeded at becoming the 10 th Best in the world. The Brazilian industry in regulated by the (Anfavea), created in 1956, which includes automakers (automobiles, light vehicles, trucks and buses). Recently Brazil has become the 6 th largest automobile industry in the world.

Manufacturing • • Brazil imports allot of vehicles most commonly known as Nissan, Honda, Beetle, Fords and ext. These company's destroyed the until the 1900 s when Brazils markets were open to imports. As the number of automobiles increase Brazil slowly carries itself to the top. Brazil has attracted many investors to there successful company's.

Auto Production by Year • • Since 1990, 133, 000 Automobiles were manufactured at a quick rate. Then after 2011, 3, 406, 150 Automobiles were manufactured less than last year. More than a Quarter were cars, buses, trucks and motorbikes. Brazil is one of the world owners of old-timer cars and still manufactures them.

Auto Sales • • Recently Brazils auto sales went down 7. 6% because of a Fueled tax break. Brazil is now selling hybrid cars that still run on gasoline but very expensive. Yet Brazil cannot sell electric cars nor produce them. Many of Brazils government worry's for the safety of the cars so they spend more money.

The Future • • Vehicles that use ethanol, which has helped to support the country's energy security. Brazil, China and India are a few of the country's that will rise above others in the near future. While Brazil faces economic recovery the country still finds new ways to support itself Brazil is not or will not slow in progress and auto investment

Ethanol Fuel • • Brazil is the worlds second largest producer of ethanol fuel, and until 2010, the worlds largest exporter. Brazil and the U. S produce 87. 8 percent of the worlds production. The ethanol fuel program is based on the most capable cultivated technology for sugarcane farming. There are no longer any light vehicles in Brazil running on pure gasoline.

Sites I Used � � � www. brazilbeacon. com www. wikipedia. org www. marketwatch. com www. msnbc. msn. com www. cbsnews. com