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Italian car maker Fiat remains market leader in Brazil
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09:38, January 08, 2008

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Italian car maker Fiat was the preferred brand on the Brazilian market for a third year in a row in 2007, Italian News Agency ANSA reported on Monday.

The car market in Brazil enjoyed a considerable upsurge in 2007 with a 30 percent rise in car sales compared to 2006.

According to data from Brazilian car makers association Fenabrave, Fiat gained a 26 percent share of the local market, followed by German Volkswagen with 23 percent and General Motors with a share of 22 percent.

Car sales on the Brazilian market hit a record of 2.36 million in 2007, while the number of sold trucks stood at 119,000 and the sales of motorcycles reached 1.709 million.

Fiat's Palio was the second most sold model in Brazil in 2007, while its Uno ranked third, the Siena model was seventh and its pick-up Strada ranked ninth.

The biggest success was Fiat's Grande Punto model, whose sales over the six months since its launch on the Brazilian market equaled the sales of its competitors registered for the whole year.

Source: Xinhua



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