SAO PAULO & NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: Brazilian Auto-Parts Dashboard
Fitch Ratings has published its Brazilian Auto-Parts Dashboard. The report explores the agency's future expectations on key aspects influencing the sector and related companies.
The Brazilian auto-part industry faces a great deal of pressure with no expectation of short-term relief. Companies will have to cope with declining vehicle sales due to rising unemployment and interest rates, as well as lower disposable income and diminished credit lines. The recovery of consumer and producer confidence faces strong headwinds from political scandals and the currently low popularity of the government, pointing to a tough scenario in 2015 and 2016.
A complete review of these topics is included in the dashboard available at www.fitchratings.com or by clicking the link above.
Additional information is available at 'www.fitchratings.com'