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Supermarket In Brazil Case Study

860 Words4 Pages

The report titled “Automotive Aftermarket in Brazil”, provides a comprehensive analysis of Brazil’s automotive aftermarket, growth of the sector, major products, hierarchy, new trends, developments, technology and future of Brazil’s automotive aftermarket.
Industry Overview: Brazil is the ninth-largest vehicle market in the world, with sales over 2 million in the recent years. The country’s political and economic crisis has affected the aftermarket market. Original equipment manufacturers (OEMs) and the automotive replacement market are the main markets in Brazil’s automotive industry chain. Brazilian automobile industry is responsible for the growth of the country’s economy since the beginning of the 20th century. The encouragement from manufacturers to establish the automobile industry has led to the development in production …show more content…

There will be a demand for various aftermarket products for current and older vehicles, but the demand will become more sophisticated as new vehicles incorporate different and advanced technologies. It was observed that the car production in Brazil has increased compared to the recent years along with a continuing growth in the light commercial vehicles, trucks and buses. The automotive aftermarket industry is recovering rapidly with the Brazilian economy as a whole. Brazil’s aftermarket growth is obstructed by debt and a low liquidity ratio. The aging national fleet and pending economic recovery has re-energized automotive development that will likely boost the growth. The growth in Brazil’s automotive manufacturers and aftermarket companies are linked indirectly. During Brazil’s economic crisis there was a decline in the automobile sales along with the automotive aftermarket. With the spike in the country’s economy, the aftermarket will actually witness a real growth in the coming

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