SAO PAULO – Brazilians are buying more entry-level cars, raising the market share of subcompacts from 68.5% to 71.7% in the last year. Subcompacts cost from $7,000 to $9,000. Compact cars sell for $9,000 to $17,000 and represent 17.5% of the market, compared with 19.5% a year ago. Cars priced more than $17,000 hold a 10.7% share compared with year-ago’s 12.3%. "The market mix in Brazil is getting poorer," complains Sergio Habib, president of Citroen do Brasil, in a recent published ...
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