Industry Report June 2018

In June the national production of vehicles was 39,420 units, 15.8 % les compared to May and 13.4 % below the performance of the same month last year.

The sector exported 22,894 vehicles, which means, it recorded a 6.8 % growth in relation to the previous month, and a 16.2 % increase if compared to the volume of June 2017.

In wholesale sales, the automotive makers marketed to the dealer network 55,358 units, volume which was placed 26.9 % below the volume recorded in May, and 31 % less related to the performance in June of last year.

The truck drivers’ strike in Brazil at the beginning of June, together with the CGT union and Customs affected the normal functioning of the industry and led to count only17 working days. In this period the automotive terminals produced in June 39,420 vehicles (cars and utility vehicles), which means, they recorded a 15.8% drop in relation to the previous May when 46,835 units were produced and 13.4 % less if compared to the performance of June 2017 when the production was 45,496 vehicles.

In the first six months, the sector produced 242,655 units, meaning, it recorded a growth of 10 % compared to the 220,654 units which were produced in the same period last year.

Continuing with the data recorded in the sixth month of 2018, the automotive makers exported 22,894 vehicles among cars and utility vehicles, which means, 6.8 % more in relation to the volume exported in May, and a 16,2% growth if compared to the 19,701 units which were shipped to various destinations in June last year.

Accumulated from January to June, the terminals exported a total of 121,570 units, which means, 23.5 % over the volume recorded in the same period of 2017.

Within the framework of the monthly data analysis, the president of ADEFA, Luis Fernando Peláez Gamboa, in addition to addressing the strike incidence in the sector activity, noted that the situation of the new economic situation, which is translated into the industry statistics, should be analyzed in two levels.

“When analyzing the sector performance, we have to make an exception. On one hand, we must analyze the industrial level and on the other, the commercial. In the case of the first, the new macro situation, based on the given exchange rate correction, can lead to an opportunity for improving competitiveness and allowing to keep the production and export rate of the last months”, the president of ADEFA said.

“On the other hand, we are concerned about the increasing rates as they directly affect sales since 50% of the same are made through the use of some financing tool”, Peláez Gamboa warned and he therefore appealed, “for reducing rates rapidly in order to regain the growth path which the sector showed in the first five months of the year” 

Finally, in wholesale sales, the monthly statistics reflect that in June 55,358 units were marketed to the dealer network, which means, 26.9 % less compared to the 75,754 sold in May and 31 % below the performance of the same month last year when 80,172 units were delivered to the dealer network.

With the partial data of June, for the first half of 2018, the sector marketed 421,607 units to the network, which means, an increase of 1.6 % in its comparison with the sales of the same period last year.

Press 07/04/2018.-

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