With the Federal Government’s decision to reduce the prices of popular cars, the expectation is that at least 30 models will be reduced in value in the coming months. This Thursday (25), vice president Geraldo Alckmin (PSB) gave more information on the steps to be taken in this process to make cars cheaper.
The project expects a 1% to 10% reduction in the price of cars up to R$ 120,000. The size of the discount will depend on a series of points, such as the price of the car, the level of pollution it can cause and the number of parts produced in Brazil. Below we list 30 models that may have reduced prices.
- Fiat Mobi – BRL 68,990;
- Renault Kwid – BRL 68,990;
- Peugeot 208 – BRL 69,990;
- Fiat Mobi Track – BRL 72,290;
- Citroën C3 – BRL 72,990;
- Fiat Argo – BRL 79,790;
- Renault Stepway – BRL 79,990;
- Volkswagen Polo 2023 Track – BRL 81,370;
- Hyundai HB20 – BRL 82,290;
- Chevrolet Onix – BRL 84,390;
- Fiat Cronos – BRL 84,790;
- Volkswagen Novo Polo MPI 2023 – BRL 86,390;
- Renault Logan – BRL 89,560;
- Hyundai HB20 Sedan – BRL 91,890;
- Volkswagen Saveiro – BRL 94,490;
- Chevrolet Onix Plus – BRL 96,390;
- Toyota Yaris – BRL 97,990;
- Peugeot Partner Rapid – BRL 98,781;
- Fiat Strada Endurance – BRL 99,990;
- Fiat Pulse – BRL 100,990;
- Nissan Versa Sense 2023 – BRL 101,190;
- Peugeot 2008 – BRL 102,990;
- Chevrolet Spin – BRL 103,990;
- Volkswagen Novo Virtus – BRL 104,390;
- Fiat Strada Liberty – BRL 105,990;
- Citroën C4 Cactus – BRL 108,990;
- Fiat Cronos Precision – BRL 109,890;
- Nissan Versa Advance – BRL 110,490;
- Fiat Fiorino – BRL 111,990;
- Fiat Strada Volcano – BRL 112,990;
- Nissan Kicks – BRL 112,990;
- Renault Duster – BRL 112,990;
- Renault Oroch – BRL 115,900;
- Volkswagen T-Cross – BRL 116,550;
- Hyundai Crete – 116,560;
- Chevrolet Montana – BRL 118,690;
- Honda New City Sedan – BRL 118,700;
- Fiat Pulse Audace – BRL 119,990.
In Brazil, it is estimated that at least 10 companies sell cars at a price of up to R $ 120,000. As said, it is precisely these examples that should be reduced to their values and the logic of the new program of the Federal Government. In any case, it is important to remember that the size of the cut should vary according to the model.
What the automakers are saying
Representatives of the collectors have already raised to the vice president that popular car models already mean very low profits for these companies. However, after the announcement Federal Governmentmost of the representatives agree that it will be possible to request a reduction in value to the end user.
At least that’s what the president of the National Association of Automobile Manufacturers (Anfavea), Márcio de Lima Leite, indicated. According to him, there are reasons to be confident in the price reduction, although it is important to consider that the final value will be defined by each of the companies.
“Price, every car manufacturer has its own policy. But according to the numbers presented, it is very possible to have a price below R $ 60 thousand. With these tax cuts being negotiated and the collective efforts of the entire industry, it’s entirely possible we will. But this is a question for each car manufacturer, for each manufacturer”he announced.
Measures to make cars cheaper
After a series of meetings with representatives of car companies and the Minister of Finance, Fernando Haddad (PT), Vice President Geraldo Alckmin (PSB) decided to announce three basic measures to try to reduce car prices.
- Tax reduction to reduce the final price of the car up to R$ 120,000 to 10.79%;
- Adoption of the reference rate (TR) as an interest rate for research and innovation projects;
- R$ 4 billion in dollar financing from the National Bank for Economic Development and Sustainability (BNDES), targeting companies that work with exports.
Note that the release of the FGTS Fund to finance popular vehicles is not among the measures presented. The idea was expressed by businessmen in the sector, who believed that the move could reduce interest rates for the final consumer.
However, there was a strong reaction from the Ministry of Labour. Minister Luiz Marinho (PT) publicly opposed the move.