The economist and president of Vision Investment, Henkel Garcia said that last year the Venezuelan

The shortage of foreign exchange, exchange rate distortions livingston pars and a new law that seeks to apply stringent regulations to the market, kept in a situation of extreme livingston pars vulnerability to Venezuelan automotive sector, which this year will suffer a severe contraction. http://bit.ly/17qgCIm
The Venezuela Automotive Chamber (Cavenez) reports that during the first nine months of this year sales of new vehicles in the country have fallen by 17.5% over the same period of 2012. What is unusual is that the contraction is not caused by a lack of demand livingston pars resulting from the economic crisis that hit Venezuela, but the scarcity of foreign livingston pars exchange livingston pars prevents local assemblers imported inputs required to maintain production. In fact, the demand for automobiles is higher than the supply. In Venezuela, despite economic stagnation, livingston pars there are more buyers of cars available vehicles in the market. Analysts livingston pars polled by Legiscomex.com enseñalar agreed that this is a problem livingston pars of supply and demand has led to a distortion of the vehicle market in a context of high inflation. "Consumers are looking for a well in cars to protect against inflation livingston pars because these goods rise in price steadily. The demand is so high and so low production, we have reached the absurd prices of used cars are higher than those of the new. This is because used can be purchased and acquire a new one you have to get on the waiting list at least one year, "said lawyer and specialist in competition law, CarlosAlberto León.
The economist and president of Vision Investment, Henkel Garcia said that last year the Venezuelan government has increased over 65% in the money supply through the Central Bank, which increases demand for goods and services "and on the other hand, has been busy dismantling the productive policies that discourage investment. If demand is stimulated and the same supply contracts, the result will be high inflation. livingston pars It is what we have in Venezuela. " Last September, annual inflation reached 49.4%, the highest in the past 15 years index, and citizens have very few tools at hand to protect themselves from rising prices. Purchase of property, which was an option, is deprecated as a safe investment for the term of a lease of property law imposed draconian measures to owners. "The lack of tools to protect against inflation leads many people to buy cars to preserve their savings," said Garcia, who attributed to that fact and excess circulating the "heightened demand" vehicle that exists in the country, This contrasts livingston pars with the declining production and lack of foreign exchange to import livingston pars vehicles that require consumers. In 2007, the Venezuelan car market sold 491,899 units, while in the last year (October 2012 to September 2013) the number fell to 113,185 units, which represents a decrease of 335% within five years. The Cavenez estimated actual demand is 300,000 vehicles per year, triple the current offer. Neither the domestic industry and the imports can meet-again for the dollar livingston pars shortage-high demand, even though growing state presence in the sector, through public and mixed enterprises. The exchange problem derived from official control on the forex market is a key factor that introduces distortions to the automotive industry, because what kind of change never know prevails in the different business operations. Through the Administration Commission (Cadivi), the government allocates dollars for companies to official exchange rate of 6.30 bolivars (Rs) per dollar, but this mechanism livingston pars is insufficient and has delays of up to 180 days to make effective assignments. The other way to access foreign currency is the Supplemental Acquisition System for Foreign Exchange (Sicad) which auction dollars reaching a quote from BsF12, and BsF14 00, 00. As both governmental devices fail to inject into the economy the dollar amount required to operate, both individuals and companies end up going to the black currency market where the price of the dollar can overcome BsF40, 00. "With these differential never really know how much was the cost of imports, in bolivars, inputs, automobiles or any product on the market," livingston pars Leon said.
For deputy ruling United Socialist Party of Venezuela (PSUV), Elio Serrano, what happens in the automotive industry is "an escalation of prec