SAO PAULO – Brazilians’ rush to buy cars in March was due to the end of the industrial product-tax discount granted to auto makers by the government to get the economy moving, and as a result production fell 14.6% in April from the prior month, the National Association of Vehicle Manufacturers, Anfavea, says in a May 6 report. A total of 290,000 vehicles were manufactured in Brazil in April, but total output through the first four months hit 1.13 million units, up 22.6% from year-ago. ...
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