Brazil new car sales rise 9.2 pct in 2017 to 2.24 mln units

By Kitco News / January 05, 2018 / www.kitco.com / Article Link

SAO PAULO, Jan 5 (Reuters) - Auto production in Brazil tumbled 14.2 percent in December from the previous month, though new car sales rose 4.1 percent in monthly terms, industry group Anfavea said on Friday, as Brazil's automaking recovery proved volatile.

Auto production rose 6.9 percent in December from the same month the year before. Production in 2017 overall jumped 25.2 percent from the previous year, while new car sales climbed 9.2 percent from 2016 to 2.24 million units.


(Reporting by Alberto Alerigi; Writing by Gram Slattery; Editing by Jeffrey Benkoe)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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