Popular cars for R$ 50 thousand are something almost impossible for the Government

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In recent years, we have seen a trend towards the rapid disappearance of popular cars of the automobile market. Currently, the most affordable options for Brazilians are usually in the price range of R$ 70,000. This rise in vehicle prices has made buying a car less and less accessible to the general public.

In response to this situation, the government is committed to reducing the high prices of planned vehicles and implementing an incentive program for affordable vehicles. This program aims to provide alternatives and incentives to make cars more accessible to the general population.

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Through this initiative, it is expected to create conditions that make it possible to reduce vehicle prices and make them more accessible to a greater number of people.

Popular cars can return to the sector

So far, preliminary information indicates that the incentive project for vehicles accessible by the government requires automakers to make available a model powered by ethanol with a price between R$ 50,000 and R$ 55 thousand.

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In addition, it is expected to find solutions to reduce the prices of cars that cost up to R$ 100,000. It is important to emphasize that the viability and success of this idea are still uncertain.

According to the text that presents the idea, the reduction of car prices will require a negotiation for the implementation of tax cuts. This includes the Tax on Circulation of Goods and Services (ICMS) and the Tax on Industrialized Products (IPI).

Obtaining these tax reductions is critical to making vehicles more affordable. As much as the project is positive, it is necessary to highlight that the definition and implementation of these measures are still uncertain.

An additional alternative is the proposal to reduce the profit margins of automakers and drivers, with a view to making cars more accessible. In addition, financing facilities are mentioned, with emphasis on the possibility of using a part of the Severance Pay Fund (FGTS) for the acquisition of the vehicle.

The proposal runs serious risks.

Brazilians are facing difficulties in obtaining credit, as reported by Serasa, since 43.43% of the population is indebted. However, the problem is not just concentrated in the consumer's pocket, despite having a direct impact on the release of credit.

Manufacturers are facing challenges in fully understanding the measures that will be integrated, while the automotive sector as a whole faces a complex landscape. With this, the proposal continues to be analyzed for an effective change. Apparently, they are still studying each step that will be conceived.

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