The new plan to reduce vehicle prices repeats an old recipe – 05/29/2023 – Economy

by time news

2023-05-29 14:48:00

The incentive plan for the production and sale of cars adds few new features to a schedule already adopted in the past.

To the decisions made in the past mandates of Luiz Inácio Lula da Silva and Dilma Rousseff are added elements of the policy established in the governments of Fernando Collor de Mello and Itamar Franco. If there is any subsidy for the financing, there will be parallels even with the project adopted in 1964. However, cars and the market have changed, as well as the desires of consumers.

The main candidates to become popular in the 21st century are projects of Asian origin, but developed together with Brazil. Renault Kwid and Citroën C3 emerged in India, a market that also needs low-cost vehicle models.

They are cars that were born after changes in safety standards in the domestic market. Since January 2014, all new models sold in the country have front airbags and ABS brakes (which prevents the wheels from locking in emergency situations).

Translated by AZAHARA MARTIN ORTEGA

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