Brazil Nov car sales down 14.5 pct vs Oct-dealers
SAO PAULO |
SAO PAULO Dec 1 (Reuters) - Automobile sales in Brazil dropped 14.5 percent in November from the previous month, the country's car dealers' association, Fenabrave, said on Tuesday.
Car registrations for new vehicles jumped 41.5 percent in November from a year earlier, the association said.
Brazil, Latin America's largest economy, is a major market for Italy's Fiat (FIA.MI), Germany's Volkswagen AG (VOWG.DE), U.S.-based General Motors [GM.UL] and Ford Motor Co (F.N). (Reporting by Georgia Jordan; Writing by Elzio Barreto, Editing by Leslie Gevirtz) ((elzio.barreto@thomsonreuters.com; +55 11 5644-7725; Reuters Messaging: elzio.barreto.reuters.com@reuters.net))
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