Strong car sales lift spirits at Brazil auto show

Strong car sales lift spirits at Brazil auto show

Chamber Articles Category: Industry News Post Date: 11/08/18 Source: Reuters By: Reuters Staff
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SAO PAULO (Reuters) - Automakers in Brazil last month notched their strongest sales in nearly four years, a leading trade group said on Wednesday, adding to optimism as the auto industry kicked off the biannual Sao Paulo International Motor Show.

Sales of new cars, trucks and buses surged 25.6 percent in October compared with a year earlier to nearly 255,000 vehicles, according to automakers association Anfavea. That was the most since December 2014. Read Full Article