Post by account_disabled on Mar 7, 2024 1:09:32 GMT -8
Let us first review the situation in 2016. It's important to look back to understand what led to the industry's first-quarter decline. A series of events occurred during the year that changed the face of the automotive industry. Many factories in Brazil were forced to suspend or reduce production for a period of time due to an investment crisis and social isolation measures triggered by the epidemic, which led to an increase in new car prices last year. The automotive industry is gradually recovering from the crisis but has also changed its image to create space for used cars.
So many consumers will have to wait France Mobile Number List for the economy to stabilize before they can get that new car smell. According to the study conducted by Kelley Blue Book Brazil, the year will be known as the year when used cars cost even more than new cars. Prices continued to rise, and the value of second-hand cars increased year-on-year in the month. As the supply of new cars dwindled, used cars gained space and their value increased significantly, sales soared. The big unanswered question is whether this upward trend will continue in 2020.
Used car market forecasts predict prices will not be lowered, at least not in the first few months of the year, according to the National Association of Motor Vehicle Manufacturers. The high dollar is the main reason as it affects the import of components and inputs thereby increasing the cost of production. to the end consumer and opens up space for the expansion of pre-owned and used cars. Since there are no price cuts on new cars this behavior should be reflected on used cars. Prices are expected to stabilize in the second half of the year as sales declined in the first quarter as the market self-adjusts and prices stabilize, causing demand to grow again.
So many consumers will have to wait France Mobile Number List for the economy to stabilize before they can get that new car smell. According to the study conducted by Kelley Blue Book Brazil, the year will be known as the year when used cars cost even more than new cars. Prices continued to rise, and the value of second-hand cars increased year-on-year in the month. As the supply of new cars dwindled, used cars gained space and their value increased significantly, sales soared. The big unanswered question is whether this upward trend will continue in 2020.
Used car market forecasts predict prices will not be lowered, at least not in the first few months of the year, according to the National Association of Motor Vehicle Manufacturers. The high dollar is the main reason as it affects the import of components and inputs thereby increasing the cost of production. to the end consumer and opens up space for the expansion of pre-owned and used cars. Since there are no price cuts on new cars this behavior should be reflected on used cars. Prices are expected to stabilize in the second half of the year as sales declined in the first quarter as the market self-adjusts and prices stabilize, causing demand to grow again.