* Sales rise 10 pct from year ago, edge down from April
* GM passes VW for No.2 in sales; Hyundai passes Renault
SAO PAULO, June 3 Brazilian auto sales rose in
May from a year earlier, sources with access to preliminary
sales data said on Monday, bolstered by government tax cuts to
support the local car industry.
Sales of new cars, trucks and buses rose 10 percent from a
year ago to 316,264 vehicles in May, sources said. Sales ebbed 5
percent from April, which had one more working day.
New registrations in the first five months of the year are
running more than 8 percent ahead of the same period in 2012,
when sagging sales led President Dilma Rousseff to roll out tax
breaks for locally made vehicles.
Fiat SpA continued to lead sales of new cars and
light trucks in May, according to the sources' data, with 67,850
new registrations in Brazil. General Motors Co sold
53,829 cars and light trucks in the month, passing the 53,442
sales registered by Volkswagen AG.
Ford Motor Co sold 27,546 passenger vehicles last
month and Hyundai Motor Co passed Renault SA
in sales, with 19,102 cars and light trucks sold
compared to 18,111 vehicles.