Car Licensing in Brazil Grows by 38.86 Percent in March

In addition to the positive news in the new vehicle registration segment, the used vehicle segment has also shown strength.

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Passenger vehicle licensing in Brazil, grew by 38.86 percent in March of 2017 compared to February according to the National Federation of Automotive Vehicle Distribution (FENABRAVE). In comparison to March of 2016 the growth was of 6.11 percent.

Although the growth from February to March was affected by the lower number of workdays during February, FENABRAVE officials believe signs of economic recovery are already . . .

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