General Motors estimates the Brazilian market for light vehicles should increase 3% in the year’s second half over the weak performance in the first six months, ending 2012 with sales up slightly. But Fenabrave, the national automotive distributors’ association, is lowering its projection for cars, pickups and vans from a 3.5% increase to a 0.4% drop. That would be the first decline in yearly sales in Brazil since 2004. “I do not agree with this forecast. The ...
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