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Flex Fuel Powertrains Dominate Brazilian Passenger Vehicle Market, Finds Frost & Sullivan

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Flex Fuel Powertrains Dominate BrazilianFlex Fuel Powertrains Dominate Brazilian Passenger Vehicle Market, Finds Frost & Sullivan PR Newswire SAO PAULO, Nov. 13, 2013 - Powertrain suppliers must focus on achieving economies of scale for newer technologies to gain prominence Emission regulations such as PROCONVE and the tax structure in Brazil will play a key role in altering the powertrain mix by 2020. Supportive programs like the INOVAR Auto Directive and IPI tax structure will not only augment the growth of the automotive market in the region but also encourage domestic production and innovation. Flex fuel will continue to be the most dominant fuel type, with over 80 percent penetration expected in 2020. Technologies such as turbocharging and direct injection with flex fuel too will gain prominence in the medium and long terms. New analysis from Frost & Sullivan (http://www.automotive.frost.com), Future of the Powertrain Market and Engine Technology Uptake Analysis in Brazilian Passenger Vehicles, finds that powertrain production that stood at 2.9-3.3 million units in 2012 will grow to reach 3.9– 4.2 million units in 2020. However, making state-of-the-art powertrain technologies affordable is a key challenge facing the Brazilian market, as the costs of production as well as vehicle ownership remain high.

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Published 13 November 2013
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Language English
Flex Fuel Powertrains Dominate Brazilian Passenger Vehicle Market, Finds Frost & Sullivan

PR Newswire

- Powertrain suppliers must focus on achieving economies of scale for newer technologies to gain prominence

Emission regulations such as PROCONVE and the tax structure in Brazil will play a key role in altering the powertrain mix by 2020. Supportive programs like the INOVAR Auto Directive and IPI tax structure will not only augment the growth of the automotive market in the region but also encourage domestic production and innovation. Flex fuel will continue to be the most dominant fuel type, with over 80 percent penetration expected in 2020. Technologies such as turbocharging and direct injection with flex fuel too will gain prominence in the medium and long terms.