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Brazil has Record Car Sales in 2012: Daily

By Ben Tavener, Senior Contributing Reporter

SÃO PAULO, BRAZIL – The Brazilian car industry had its most successful year to date in 2012, sales figures from the twelve months released by Brazil's Federation of Vehicle Distribution, Fenabrave, have revealed. Some 3.8 million units were sold in 2012, an increase of 4.65 percent on 2011, itself a record year. 

December saw just under 360,000 vehicles sold, up 3.1 percent on the same period in 2011. Italian car company Fiat led the sales figures with 23.1 percent of market share, followed by Volkswagen (21.1 percent . . .

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