Monday, November 20, 2023

 

Concessionaires in Brazil can review negotiations and open investments in the visual arts sector.



 Negotiating a work of art can involve different processes, such as searching for interested buyers, carrying out technical assessments and analyzing the current art market. However, despite these challenges, accepting works of art as a form of payment at Brazilian dealerships can be a unique opportunity to promote the world of art and establish innovative commercial relationships.

 

By allowing customers to use their works of art as payment, concessionaires would be opening doors to creativity, cultural appreciation and asset diversification. After all, a work of art can be seen as a unique piece, full of history and meaning, becoming an object of desire for many collectors and art lovers.

 

With competition in the market, dealerships in Brazil must adopt this practice, witnessing a paradigm shift in the automotive market, which goes beyond simply negotiating cars. This initiative reinforces the value of art as a form of heritage and investment, in addition to promoting a more open and flexible relationship between the dealership and the customer.

 

However, it is important to highlight that the evaluation of works of art will require a specialized approach, given that the subjectivity of the market makes it difficult to define a precise market value for each piece. Therefore, having qualified professionals to carry out detailed technical assessments can guarantee a safer and fairer transaction for both parties involved.

 

It is also worth noting that the liquidity of a work of art may not be as fast and simplified as Bitcoin trading. The process of finding a suitable buyer and closing the sale may take longer, requiring patience and careful negotiations. However, this wait can lead to significant rewards, such as obtaining a valuable piece of art for the dealership's collection.

 

Therefore, given this example, it is time for Brazilian dealerships to consider this interesting proposal of accepting works of art as payment. This initiative can not only bring new customers and enhance culture, but also pave the way for a new form of interaction between the automotive world and the art market. It's time to explore these possibilities and take advantage of the mutual benefits provided by the union between art and business.

 

Volvo recently announced that its new electric car division, Polestar, will accept works of art as a means of payment for the Polestar 1 model. This initiative by the Swedish automaker shows an increasing tendency for companies to accept non-monetary assets as a form of payment. exchange.

 

The campaign, which was in effect until August last year (2022), allowed those interested in purchasing the Polestar and proving ownership of a work of art, which will be evaluated by the automaker. This strategy created a new opportunity for car and art lovers, who can now combine their passions in a single business.

 

Volvo's decision to accept works of art as payment has an interesting justification: the Polestar 1 is considered by the company to be a true work of art on wheels. With innovative design and cutting-edge technology, the vehicle represents a breakthrough in the automotive industry and is seen as a unique and valuable piece by enthusiasts in the sector.

 

This change in the payment method adopted by Volvo also reflects growing concerns about inflation around the world. Companies are looking for alternatives to maintain the value of their assets over time, avoiding the devaluation caused by currency devaluation. Accepting artwork as payment is an innovative way to address this issue, as the value of art pieces tends to remain stable or even increase over the years.

 

In the context of Brazilian dealerships, the adoption of this practice by Tesla's competitor may serve as an inspiration for them to also consider accepting assets other than money. After all, art is a rich and diverse cultural expression, which attracts collectors and investors from all over the world.

 

By opening their doors to offering works of art as a form of payment, Brazilian dealerships would have the opportunity to expand their target audience, attracting art lovers who wish to combine their passion for culture with the purchase of a high-quality vehicle. Furthermore, this could stimulate the art market in the country, giving greater visibility and appreciation to Brazilian artists.

Therefore, following the example of Volvo and its Polestar division, Brazilian dealerships could adopt accepting works of art as payment, encouraging asset diversification and demonstrating an innovative vision of the market. This initiative would certainly bring benefits to both dealerships and consumers, strengthening the automobile sector and the art market in Brazil.


Source: World Art Show


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seg., 20 de nov. às 17:17

How to Invest in Brazil’s Alternative and Distressed Assets Market

Wednesday, November 29, 2023
8:30 to 10:30 a.m.
(Eastern Time - U.S. and Canada)
 
The Brazilian-American Chamber of Commerce, in partnership with Feijó Lopes Advogados, will host a breakfast seminar on How to Invest in Brazil’s Alternative and Distressed Assets Market.  The program will unite Brazilian and Latin American market experts to discuss the current outlook of Brazil’s thriving US$ 100 billion+ alternative and distressed assets market.  Panelists will share opportunities for foreign investors as well as the key risks and challenges of these transactions.

Please join us to learn how alternative and distressed assets put Brazil at the center of emerging market opportunities!
Agenda
8:30 - 9:00 a.m. - Registration, Breakfast, & Networking
9:00 - 10:30 a.m. - Panel Discussion and Q&A
Moderator:
Lúcio Feijó LopesManaging PartnerFeijó Lopes Advogados
 
Speakers:
Carlos CatraioManaging PartnerBrD Brasil Distressed
Jose Luis Garcia-LascurainSenior Partner, Head of Latin AmericaDeva Capital
Michelle NoyesManaging Director, Head of AmericasAlternative Investment Management Association (AIMA)
 
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Registration Information:

In-Person Only

Members: Free
Non-Members: $25

Location: 
in partnership with Feijó Lopes Advogados.
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seg., 20 de nov. às 12:47
EARLY BIRD REGISTRATION

Until November 22, 2023

Member: $60
Non-Member: $100

Registration Information

 

From November 23, 2023

Member: $100
Non-Member: $150


---

Sponsorship Opportunity

Platinum: $5,000

Gold: $3,000

Silver: $2,000


Every contributor and sponsor will be recognized on the event page of the Chamber's website, in the event program, and on the large screen during the event.
For additional information please contact us at 212-751-4691 or send an email to info@brazilcham.com

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The Brazilian-American Chamber of Commerce is committed to a sustainable future and improving the social, economic, and environmental well-being of our communities. Should you no longer be able to attend an event for which you are registered, we kindly ask that you let us know by responding to this messageYour support is essential in helping us prevent waste and reducing our carbon footprint.
Cancelation Policy
Cancellations received at least 48 hours prior to the event are eligible for 100% in-house credit, to be applied to future events. Registrations on record or submitted within 48 hours of the event are considered final. Should a registrant no longer be able to attend, we are happy to honor substitutions.
Please note this event will be recorded. In entering the event space, you consent to the video recording and its release.
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Please forward this notice to your colleagues and business associates.

Thank you for your support!
Please disregard this message if you have already registered.


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Brazilian-American Chamber of Commerce  485 Madison Avenue, Suite 401, New York, New York 10022, United States  2127514691