Brazil has exported a lot to Argentina. They are our biggest clients. We need to be sensitive to the macroeconomic questions of Argentina as it recovers from the deep crisis. |
For 2006, prospects for economic growth and the automotive industry are positive. Most economists are predicting growth of 3.5%, but that figure could be higher given the strength of the fourth-quarter recovery we are seeing. |
March had four additional days. But even factoring in the additional days, the month was good for sales. |
Rising incomes combined with falling interest rates positively affected the domestic market. |
The fourth quarter was pretty lively and this shows that we are going into 2006 at a recovered pace. |
The growth in exports is slowing down. Each month, the rate of growth is a little lower. |
This was an exceptional December, so 2005 ended better than we thought it would. |
We are going to start the process of negotiation now; we need competitive terms from Argentina. |