Record year for car sales in Brazil, but production was down 1.9% in 2012

Tuesday, January 8th 2013 - 20:37 UTC

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Brazil, the world's fourth largest car market, sold a record 3.8 million vehicles last year, according to industry data released this week. Brazil's National Association of Motor Vehicle Manufacturers (ANFAVEA) reported that sales were up 4.6% on the previous year despite a 1.9% drop in production, the first decline since 2002. Read full article

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ProRG_American
Many cars and/or their parts are Argentine made. Great news.
Jan 09th, 2013 - 01:40 am - Link - Report abuse 0
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ChrisR
@1 ProRG-argie

Did you read this article?

Did you really, really understand it and the likely scenarios emanating from it?

Do you believe 3.5 - 4.5 % growth from a country who cannot predict the growth for the last 9 months and get it right?

And if push comes to shove which country is going to lose a car plant: Brasil or Argentina. No brainer even for you that one.
Jan 14th, 2013 - 08:13 pm - Link - Report abuse 0
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