New car can cost less than R$ 60 thousand, says Anfavea – 05/25/2023 – Market

New car can cost less than R$ 60 thousand, says Anfavea – 05/25/2023 – Market

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The president of the association of automakers Anfavea, Márcio Lima Leite, said this Thursday that it is possible that the prices of new vehicles fall to less than 60 thousand reais with the measures announced by the federal government, such as the reduction of PIS/Cofins.

The government’s measures include new vehicles in stock in the sector, Leite told journalists after attending a meeting with President Luiz Inácio Lula da Silva (PT) and Vice President and Minister of Industry and Commerce, Geraldo Alckmin (PSB), at the Planalto Palace.

According to Alckmin, with the measures, automakers will give a discount of 1.5% to 10.79% on new cars, depending on the price of the vehicle, its energy efficiency and industrial density. Currently the cheapest models in the country cost around 70 thousand reais.

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