Anfavea president says automakers profit is not high

Anfavea president says automakers profit is not high

Contrary to what is widely reported, the automakers do not get big profits in Brazil. At least that's what he said Luiz Moan, president of the National Association of Automobile Manufacturers (Anfavea) on Tuesday (25), during a public hearing in the Senate.

The officer said that between 2003 and 2011, the average annual profit of manufacturers in the country was 2.7%, while the world average in the same period was 3%. Moan also said the automotive sector as a whole accounts for 21% of industrial GDP in Brazil and 5% of the total GDP.

Have Fl?vio Meneguetti, president of the National Federation of Distribution of Motor Vehicles (Fenabrave), cited another surprising. Taking the example of a car sold on the market for ? 43,000, ? 25,000 of this amount goes to the automakers, U.S. $ 12 billion in taxes and are discounted, taking into account other costs, the gain of semi translates into mere R $ 200 or R $ 300.

Read more automotive news

Mercedes Announces third shift in manufacturing of CLA

Mercedes-Benz announced that its manufacturing CLA model, will have third shift, due to the high demand for the vehicle. The car is produced in f?bricade Kecskem?t, Hungary, which is also partly responsible for the manufacture of Class B.

Mercedes-Benz wants new hydrogen car in 2017

Mercedes-Benz aims to introduce a new model with Hydrogen in the global market in 2017. The information was revealed by Hello K?llenius, Manager of Sales and Marketing of the German manufacturer, in an interview with website Motoring.

Apple CarPlay already raises concerns

The Apple CarPlay , automotive interface integrated into the iPhone that will allow drivers to control various functions of the smartphone via a touch screen and / or voice controls, has not yet reached any vehicle, but is already generating concerns.

Rolls-Royce confirms plans to produce plug-in hybrid

Rolls-Royce has confirmed plans to build a plug-in hybrid models for the brand. The company CEO Torsten M?ller-?tv?s said "The plug-in will be essential in two years, not so much by demand from customers, but because of the legal regulation of greenhouse gas emissions.

GM raises prices Corvette Stingray

GM raised prices of the Chevrolet Corvette Stingray, since March 1, citing high demand by model.

Chevrolet introduces Classic Advantage

Chevrolet introduced the Classic Advantage special series, which focuses on a generous equipment list and will be sold for R $ 34,170. The same issue has already been posted for other models of the brand - Celtic, Colbalt and Spin - last year.

Lexus Announces NX crossover for Salon Beijing

Lexus today (6) announced that it will present in April, in the Hall of Beijing NX model, crossover based on the concept LF-NX.

Volkswagen shows the Scirocco facelift

Volkswagen revealed on Sunday (16) new Scirocco coup?. The model has undergone facelift and some technical changes, and will be presented to the public at the Geneva Motor Show 2014, scheduled to open March 6.

Tesla is "stealing" Toyota customers, says study

The Tesla is becoming a more attractive option than Toyota for some of the usual customers of the Japanese manufacturer. According to a study by IHS Automotive, approximately 15.5% of the buyers of the Model S had previously a Toyota model.

Range Rover Evoque will be produced in India

Jaguar Land Rover will begin producing the Range Rover Evoque in India. The information was published by Autocar India site, attributing the measure to the high cost of imports (170%) of the British model to the country.