See discounts for popular car models – 06/14/2023 – Market

Nine automakers joined the program that seeks to reduce the price of popular cars, launched by the government of President Luiz Inácio Lula da Silva (PT) earlier this month. Renault, Volks, Toyota, Hyundai, Nissan, Honda, GM, Fiat and Peugeot are making 233 versions of 31 models available to consumers for purchase at a discount. According to the Ministry of Development, Industry, Commerce and Services, the list is dynamic and other models may be included at any time.

Discounts sponsored by the government for “popular” cars range from R$2,000 to R$8,000, and may reach higher values ​​at the discretion of factories and dealerships.

Lowest price, energy efficiency and national content were the three criteria taken into account to define the discount bands. The higher the score on these requirements, the greater the applicable discount.

The nine companies initially asked for the maximum funds allowed at the time of joining the plan, that is, BRL 10 million, while six of them (Volks, Hyundai, GM, Fiat, Peugeot and Renault) have already asked for additional credit of over BRL 10 millions.