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The Automotive Journey: An Analysis of Car Consumers in Brazil

Written by Corporativo
Published on 21/06/2023 at 12:42
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Diving Into The Mind Of Car Enthusiasts

Car enthusiasts hold a special place in their hearts for their vehicles, whether for necessity, work, leisure, a source of income, or simply for passion. The journey to acquiring the perfect car is filled with important considerations, such as vehicle safety, brand reliability, mechanical quality, and the brand’s relationship with customers.

A Revealing Study: The Profile Of Car Buyers

To decipher the habits and preferences of potential car consumers, UOL conducted a comprehensive survey named “UOL Auto Market.” This study was carried out by the Consumer Insights team, which collected and cross-referenced data from TGI Kantar IBOPE Media and UOL’s website audience.

Among the site’s visitors, 50% expressed the intention to purchase a car in the next two years. The main reason for this intention is the need to replace an existing vehicle (36%), while 19% wish to buy an additional vehicle. Surprisingly, 33% are aspiring car owners, planning to buy their first vehicle.

The Love For Driving And Favorite Brands

Interestingly, the survey also shed light on consumers’ behavioral characteristics and preferences. The data revealed that 69% of respondents have a great passion for driving, 64% are looking for a vehicle that is fun to drive, and 59% have an adventurous spirit.

When it comes to car brands, Chevrolet leads purchase intentions with 20%, followed by Fiat (19%), Volkswagen (16%), Honda (10%), Toyota and Ford (both at 6%), and Hyundai (5%).

The Importance Of Sustainability In The Automotive Market

Consumers have shown a growing environmental awareness. About 90% believe that companies should help consumers be more environmentally responsible, 88% are concerned about pollution and car congestion, 85% are willing to pay more for a sustainable product, and 80% would be willing to change their lifestyle for the benefit of the environment.

The CEO of UOL Content and Services, Paulo Samia, highlights: “Consumer buying habits have evolved greatly in recent years. Brands need to invest in communication that creates a connection with consumers and reinforces themes that are most relevant to them, such as sustainability, which has gained increasing traction, especially in the automotive sector.”

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