Fiat, Volkswagen And General Motors Lead Flex-Fuel Vehicle Market In Brazil
Approximately 82% of the Brazilian market for flex-fuel vehicles, cars that are able to run on high percentage blends of ethanol and gasoline, is in the hands of just three car manufacturers. Fiat, Volkswagen and General Motors were able to realize market shares of 30.91%, 26.64% and 24.29% respectively from January through July 2007.Overall flex-fuel vehicle sales rose more than 7% in August over July to a record 196.202 units, following the structural cost-competitive position of ethanol over gasoline. Brazil’s flex-fuel vehicle fleet now amounts to 3.9 million units, or between 15% and 16% of Brazil’s light vehicle fleet.
The dominant position of Fiat, Volkswagen and General Motors remained virtually unchanged from 2006, although manufacturers such as Ford, Peugeot and Renault seem to slowly increase their market share. Toyota entered the market in May this year and has been able to reach a 0.88% market share in just 3 months, equalling monthly sales volumes of Renault and Honda.
A complete overview of Brazil’s flex-fuel vehicle market was published by Ethanol Statistics in its latest market report ‘The Brazilian Ethanol Market 2007’, available at http://www.ethanolstatistics.com.
The report also provides a comprehensive analysis of Brazilian ethanol consumption, production and trade, including sugarcane land prices and ethanol production cost.
Rob Penne
Ethanol Statistics
r.penne@ethanolstatistics.com
+31 6 5432 558
Ethanol Statistics Ltd.
P.O. Box 5058
3301 CB Dordrecht
The Netherlands
www.ethanolstatistics.com
Ethanol Statistics is a European market research and business information publisher. Through its website, it provides professionals in the ethanol industry the latest ethanol news, commodity prices, expert opinions and market analyses.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fiat, Volkswagen And General Motors Lead Flex-Fuel Vehicle Market In Brazil here
News-ID: 28354 • Views: …
More Releases from Ethanol Statistics
European fuel ethanol association eBIO assesses the most controversial biofuel i …
In its bi-monthly market commentary at Ethanol Statistics, European fuel ethanol association eBIO tackles the most controversial issues in the decision-making process on EU biofuels legislation.
The debate in the European Union on crucial legislation for the biofuel industry is entering a decisive phase. A number of sensitive issues still need to be resolved. Putting aside all the nitty-gritty there are 2 major items left, according to eBIO, which are…
Ethanol Statistics now offers a 15% discount on the Monthly Market Review
Companies and professionals that are active in the Ethanol Industry, whether it is in production, R&D, financial services, chemicals, storage and transportation or otherwise, can now get a 15% introductory discount if they subscribe to the Ethanol Statistics – Monthly Market Review before June 1st.
The Monthly Market Review (or MMR) provides professionals in the ethanol industry with the latest industry news, conveniently sorted by region; comprehensive price analyses of…
Cellulosic ethanol development is partly underfunded
The product development phase in cellulosic ethanol research and development is relatively underfunded compared to other phases. That is the conclusion of the cellulosic ethanol focused analysis section in the march edition of the Ethanol Statistics – Monthly Market review.
The analysis identifies roughly three development stages prior to commercial-scale production: (1) Basic discovery and R&D, (2) Product development and (3) Pilot/Demonstration plants. Figure 1 visualizes the funding gap that…
Worldwide cellulosic ethanol production in 2020 at least 16.5 billion gallons
The worldwide production of cellulosic ethanol will amount to at least 16.5 billion gallons in 2020, if the targets set in the United States, China, Europe, Japan and Brazil are achieved.
Based on currently proposed and signed legislation, the United States would account for over 63.9% of that market, while the EU and China would account for 10.4 and 11.5% respectively. Although Brazil doesn’t have any official legislation on cellulosic…
More Releases for Brazilian
Brazilian Real Estate Soars Globally
Obelisk International News, Marbella, Spain, January 24 2012. On the back of strong economic growth and big demand drivers, Brazilian real estate ranks among global leaders for foreign investors. Brazilian property is placed as top emerging market for investment and second for capital appreciation.
The 20th annual survey from the Association of Foreign Investors in Real Estate (AFIRE) finds that “globally, Brazil soars”. For survey respondents, investment in Brazilian real estate…
The Power of Brazilian Investment
Obelisk International News, Marbella, January 17 2012. 2012 gets off to a flying start for investments in Brazil. The news that Brazil now ranks as the world’s sixth largest economy confirms the potential for Brazilian investment opportunities.
Strong economic growth over the last two years has pushed Brazil up global rankings during 2010 and 2011. This coupled with a poor performance in many European countries means Brazil has overtaken the UK…
Brazilian Investment Beats Crisis
Obelisk International News, Marbella, Spain, October 24 2011. With most of Europe in financial and economic straits, Brazil beckons as the place for investment opportunities. The country is well set to weather the global crisis and may even benefit from it, a huge plus for Brazilian investments.
Based on Moody’s latest comments on the Brazilian economy, the Financial Times (FT) blog beyondbrics claims Brazil is the best place to beat the…
Brazilian Investment Confidence Grows
Confidence in Brazilian investments continues to grow. Both Brazilian executives and foreign investors are bullish on the prospects for investment in Brazil.
Ernst & Young’s latest Capital Confidence Barometer for Brazil finds the majority of survey respondents optimistic about the immediate future for investments in Brazil. Published last month, the Barometer summarises survey replies from over 1,000 executives.
More Pluses Than Minuses
In the Perspectives section, the Barometer lists the reasons behind the…
Middle Classes Dominate Brazilian Investments
The changing face of the Brazilian middle class brings new challenges to domestic and foreign investment in Brazil. Once content with cheap promotions, the middle class is now more discerning and looking for quality.
This search for better products affects consumer goods across the board. From laptops to real estate, Brazilian middle class (known as Class C) is going for quality over price. Until now, they were content with cheap offers,…
Brazilian Real Estate in 2011
While investment in property in Brazil was rewarding in 2010, the good news is that 2011 looks set to be even better.
A group of Brazilian real estate experts recently analysed the property market in Brazil and asked the vital question: what’s in store for the industry in 2011? And their findings show that both residential and commercial properties in Brazil are in for another good year.
In the report, produced…