Government Offers Provide Upturn To Autos

The Brazilian market, the largest in Latin America, is showing signs of recovery after a second consecutive month of increased vehicle output in June, Reuters has reported. Estimates from the National Association of Motor Vehicle Manufacturers (Anfavea) indicate that production rose by 8.4% month-on-month (m-o-m) to 283,900 units as sales reached a record 300,002 units, up by 21.5% m-o-m.

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