SAO PAULO – Two of Brazil’s largest vehicle associations are offering different forecasts for 2009 sales. Fenabrave, the association of car dealerships, is projecting a 4.3% light-vehicle sales increase this year. But, Jackson Schneider, president of the National Association of Vehicle Manufacturers, continues to insist the future is too uncertain to make any estimate at the present time. Fenabrave’s optimistic outlook is buoyed by its report that 78,200 new vehicles were delivered in ...
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