November’s weak car sales accentuate the challenges for carmakers. Large players are set for a squeeze, as the market becomes increasingly competitive.
The economy grew 0.9% year-on-year between July to September, worse than previously thought.
Meat exports have held up fairly well in 2012, but accessing new markets in Asia, Africa and the Middle East remains key.
The host cities for the Confederations Cup will be confirmed, while jobs and retail figures released this month should point to a robust consumer outlook.
In line with our survey, hiring increased in last month, but remains weaker than in 2011
Government efforts to promote domestic travel has opened up debate on the bureaucracy affecting the sector.
Short-term losses have not dissuaded the carmaker from launching into Brazil’s entry-level segment.
Industrial and infrastructure projects are moving forward, with concerns about profitability still secondary.
The leading infrastructure provider is yet to make a smooth transition into high-margin segments.
A survey of dealers across Brazil suggests that the extension of tax breaks will support sales.