SAO PAULO – Brazil’s auto industry achieves its best-ever 1-month performance in August with 420,101 deliveries, up 15.3% over July (264,201 units) and 28.3% better than August 2011 (327,360). The national association of auto dealers, Fenabrave, says the market also set a record with 405,518 units licensed last month, a 15.4% improvement over July, thanks to a discount on the country’s industrial product tax. Fenabrave says last month’s sales, which bested the ...

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