SAO PAULO – Brazil’s auto industry sold 123,900 vehicles in July, 18% ahead of year-ago and the best result for the month in the last six years. July sales also pulled ahead of June by 2.5%, which saw a 5.5% increase from year-ago. VW Gol Brazil’s best-selling car so far this year. The flurry of sales likely have been prompted by an anticipated 1.5%-2% price rise in August due to increased raw materials costs, especially steel. January-July domestic sales of trucks, cars and buses ...
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