Social Development and Income Distribution: The Conditions of the Brazilian Auto Industry Growth

The Brazilian automotive industry has growth significantly since 2003. Domestic production reached a peak of 3.638 million vehicles in 2010, and 3.418 million in 2012. These figures have propelled Brazil to the seventh position globally, behind China, the United States, Japan, Germany, South Korea and India, but not very far behind from the last two countries. The industry expected sales to reach 4 million vehicles in 2015 – currently, domestic sales counted for 3.082 million in 2012, ranking Brazil as the 4th global market in 2012, with China, the United States, and Japan ahead of it. Brazil is also home to strong truck, bus and agricultural machinery industries (respectively, production in 2012 was 139,147, 28,809, and 83,704 units); some suppliers of the agricultural machinery industry also supply the auto industry, which means scale and concentration of companies, competencies and talents.