In 2013, the Brazilian automotive market posted its first year-on-year sales decline in a decade. Tax incentives introduced by the Brazilian government failed to boost demand for new vehicles. After last year's sales decline, numbers are expected to remain flat this year, at best. Subscribe to Automotive World to continue reading Sign up now and … Continued
In 2013, the Brazilian automotive market posted its first year-on-year sales decline in a decade. Tax incentives introduced by the Brazilian government failed to boost demand for new vehicles. After last year's sales decline, numbers are expected to remain flat this year, at best.
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https://www.automotiveworld.com/articles/slowdown-brazil-seen-leading-significant-overcapacity/
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