SAO PAULO — Brazil's auto industry continues to fall deeper into crisis after seeing potential signs of recovery last month. General Motors Corp.'s incentive settlement and Fiat SpA's loan package are the only bright spots in the troubled country. Car sales fell 7.9% in April compared to same time 1998 and 16% compared to March sales, says Brazil's automakers association, Anfavea. The drop comes despite a temporary tax cut, which lowered car prices 12% to 25%, spurring a 236% increase in ...
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