Brazil’s new-vehicle sales rose 30.3% in the year’s first five months from like-2007, the National Association of Vehicle Manufacturers, Anfavea, says. The organization had predicted a 17.5% increase in sales this year and says it may soon revise its earlier projection. A total of 242,000 cars, trucks and buses were licensed in May, up 14.6% from year-ago. Year-to-date, sales totaled 1.15 million units, an increase of 267,900 from like-2007. Most analysts believe domestic sales are ...
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