Brazil 2010 vehicle sales rise to record

Posted on January 4, 2011 • Filed under: Brazil, Business, Economy

Sales of cars and light trucks in Brazil rose to a fourth consecutive annual record in 2010, underscoring a boom in lending that has made Latin America’s largest economy a top market for global automakers. Sales jumped 10.6 percent in 2010 from 2009 to 3.33 million units, a source with knowledge of the figures told Reuters on Monday. Read Article

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