Print Edition - 2017-07-06  |  Money Digest

New car sales in Brazil up 3.65pc

- Xinhua, BRASILIA

Jul 6, 2017-

New car sales in Brazil rose 3.65 percent in the first half of the year compared to the same period of 2016, showing positive growth for the first time since 2013, industry figures showed on Tuesday. 

The National Federation of Automotive Vehicle Distribution reported 1,019,400 new cars and light passenger vehicles were sold from January to June, compared to 983,495 units in the first half of the previous year. Sales of heavy vehicles, such as trucks, dipped 13.8 percent over the same period of last year, picking up slightly towards the end of the six months. Car dealers expect to sell a total of 2,129,165 vehicles in 2017.

Published: 06-07-2017 09:25

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