Brazil Receives Government Push As Sales Tumble

According to the Brazilian Automotive Manufacturers' Association (Anfavea), vehicle registrations in the Brazil fell to 239,200 units in October this year, down by 11% year-on-year (y-o-y) last year. The October fall is the first fall in vehicle registrations in two years, prompting the government to announce a rescue plan worth US$1.9bn (BRL4bn) for the auto

To read the full article, please sign in or take a free trial.