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Brazil’s new vehicle sales down 23.1% in worst November in 16 years – FENABRAVE

RIO DE JANEIRO, BRAZIL - Affected by the lack of models in dealerships, the new vehicle market in Brazil dropped 23.1% last month against the same period in 2020. In the sum of passenger cars, light SUVs, trucks and buses, 173,000 units were sold in November, according to a balance released on Thursday, December 2, by the dealers' association FENABRAVE.

By not repeating the very poor performance of September and October, the two worst months of the year, the industry averts the risk of closing 2021 below 2020, as forecast by the automakers' association, ANFAVEA. Nevertheless, the sector had . . .

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