Brazil: Auto sales reach record high in January

According to Brazilian car dealers association Fenabrave, new vehicle sales in the country reached a record high in January 2012. The association said a total of 268,200 passenger cars, trucks and buses were sold in Brazil last month, translating into a year-on-year increase of 9.6%. Despite setting a record for the Subscribe to Automotive World … Continued

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• February 3, 2012