RIO DE JANEIRO, BRAZIL - Sales of new vehicles in Brazil plunged 22.47% in March this year compared to the same month in 2021. This was reported Tuesday by the National Association of Motor Vehicle Dealers (Fenabrave), which attributed the decline to industrial difficulties and the impact of the war in Ukraine.
The number of cars, light trucks, buses and trucks sold in Brazil fell from 189,372 units in March 2021 to 146,816 units in the same month this year, according to Fenabrave's statistics, which measure sales based on new registrations.
Despite this decline, sales increased by . . .
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