SAO PAULO -- Demand for import cars in Brazil last year saw a precipitous drop due to depreciation of the local currency and high interest rates. Sales fell 28.3% to 20,022 units, compared with 14,338 units in 2000, says the import vehicle association, Abeiva. Import market share was 1.1%, compared with 1.3% in 2000. The import group includes BMW AG, Masserati SpA, Daewoo Motor Co. Ltd., Daihatsu Co. Motor Ltd., Ferrari SpA, Jaguar Cars, Kia Motors Corp., Porsche AG and Suzuki Motor ...
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