Brazil car sales fall in July due to inventory shortages at dealerships

Fenabrave attributed the negative result in July to the shortage of cars in dealerships and the difficulty of the Brazilian industry to continue manufacturing due to the global lack of chips.

RIO DE JANEIRO, BRAZIL - Automobile sales in Brazil fell to 123,579 units in July, down 8.41% compared to the same month of 2020 (134,927); products are in short supply at dealerships because of the shutdown of several factories affected by the global shortage of semiconductors.

According to data released this Tuesday by the National Federation of Vehicle Dealers (Fenabrave), car sales in July, the lowest for the month since 2005, also fell in comparison with June by 7.30% compared to the 133,306 units sold the previous month.

July's result put an end to the . . .

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