26% drop in new vehicle sales in 2020
Sales of new vehicles fell 26.16% last year in Brazil, the worst drop in five years due to the coronavirus crisis, according to figures released Tuesday by the industry. The National Federation of Motor Vehicle Distributors (Fenabrave) reports 2,058,315 million cars, trucks and buses sold last year, the lowest since 2016 (2,050,240), when the country … Read more