The Brazilian economy has been going through a downward spiral for a while now, and this has had a significant impact on consumer confidence in the country. The country's automotive market reflects the state of the economy, and has been declining year-on-year as a result of weak economic growth, high inflation and rising interest rates.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?
