Partner Article
Brazilian alcohol-fuelled cars pass two million mark
Vehicles that are designed to run on alcohol have passed the two million mark in Brazil, new figures have shown. “Flex-fuel” vehicles that have been developed to run on a combination of petrol and ethanol derived from sugar-cane, now make up around 77% of the Brazilian market, the Brazilian motor manufacturers’ association, Anfavea said.
Ethanol-driven cars have been available in the South American country for the past 25 years, but new figures show reveal a recent renaissance in the cars’ popularity, with vehicle sales growing from 48,200 in 2003 to over two million in 2006.
Other reasons for a resurge have been attributed to tax benefits for the owners – “flex-fuel” vehicles currently have a purchase tax of 14% compared to the 16% levied on other types of vehicles.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
 
         
         
         
         Staying relevant without losing equity
                Staying relevant without losing equity
             Businesses - play your part in festive success!
                Businesses - play your part in festive success!
             Building for change after a year of highs and lows
                Building for change after a year of highs and lows
             Give us certainty to accelerate electric drive
                Give us certainty to accelerate electric drive
             We must create a new pathway to growth
                We must create a new pathway to growth
             We must act now to provide a home for all
                We must act now to provide a home for all
             We need a longer-term focus on public money
                We need a longer-term focus on public money
             A collaborative approach to skills development
                A collaborative approach to skills development
             A budget of shocks and surprises
                A budget of shocks and surprises
             University isn’t for everyone
                University isn’t for everyone
             A budget of ups and downs
                A budget of ups and downs
             Government budget 'must deliver firm foundations'
                Government budget 'must deliver firm foundations'