Brazil's Yearly Vehicle Sales Buck June Decline
Traffic jam in Rio de Janeiro via Wikimedia Commons.
Vehicle sales and production in June were up on a year-over-year basis, but down on a month-over-month basis, reports to Reuters.
Auto manufactures in Brazil sold a total of 195,000 vehicles in June, a 0.3% decline compared to the previous month’s sales, but a 13.5% increase compared to the previous year.
Production totaled 212,300 new cars and trucks in June, 15.4% less than in May but 15.1% more than the same time last year.