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By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Automobile sales in Brazil fell by 25 percent in the first semester of 2016 in comparison to the same period last year, according to the latest data by FENABRAVE (National Federation of Automotive Distributors). This is the worst result for the first semester for the sector in ten years.

According to the entity automobile sales in the first half of 2016 totaled 951,200 automobiles while during the same period in Subscribe to our Premium Membership Plan. Already Subscribed?