Brazil 07 flexible-fuel sales up 40% at 2m units

07 January 2008 21:11  [Source: ICIS news]

HOUSTON (ICIS news)--Brazil’s flexible-fuel vehicle (FFV) sales in 2007 totalled 2m units, a 40% increase from 1.43m vehicles sold in 2006, industry association Anfavea said on Monday.

FFV sales in December were at 200,686 units, a 25% increase from 161,107 vehicles one year earlier, the association said.

Compared with 196,728 units in November, FFV sales in December rose by 2%, Anfavea said.

FFVs in 2007 accounted for 85.6% of Brazil’s new vehicle sales. That figure is up from 78.1% in 2006, the association said.

FFV sales are a key indicator for Brazil’s hydrous ethanol demand, as these vehicles can run on gasoline or stand-alone hydrous ethanol.

Brazil is the world’s second-largest ethanol producer, after the US, but the leading exporter of the biofuel.

Bookmark Simon Robinson’s Big Biofuels Blog for some independent thinking on biofuels.

By: William Lemos
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