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Brazil January Car Sales Up Amid Slump: Daily

By William Jones, Contributing Reporter

RIO DE JANEIRO, BRAZIL – Despite a staggering decline in car sales at the end of last year, January represented the strongest month of its kind, breaking a nationwide record for the number of car sales during what is usually a gloomy month for the automotive market.

According to data published by industry specialist researchers ANFAVEA, the National Association of Vehicle Manufacturers, car sales plummeted almost twelve percent between December 2013 and January 2014 after having experienced a boom of 16.8 percent in the previous month. However, figures show that the 312,600 sales made . . .

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