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Brazil: Vehicle sales down 10% month-on-month

According to Brazil's national dealers association Fenabrave, vehicle sales in the country declined 10% month-on-month to 235,674 units in May. In April, the automotive industry had accounted for sales of 261,897 units. Following the expiry of tax breaks which had boosted sales earlier in the year, vehicle sales in Brazil have It’s time to log … Continued

According to Brazil's national dealers association Fenabrave, vehicle sales in the country declined 10% month-on-month to 235,674 units in May. In April, the automotive industry had accounted for sales of 261,897 units.

Following the expiry of tax breaks which had boosted sales earlier in the year, vehicle sales in Brazil have

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