Automobile Sales for 2015 Crash by 25 Percent in Brazil

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Automobile sales in Brazil fell by 25.59 percent in 2015 in comparison to the previous year, according to the latest data by FENABRAVE (National Federation of Automotive Distributors), despite the encouraging numbers seen in December. For the sector as a whole, including trucks and buses, the annual decline was of 21.85 percent.

“We registered a remarkable recovery in December, due to the innumerous promotions made by automakers installed in the country. However, not even the promotional actions were able to reduce the negative impacts of the crisis, which . . .

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