Brazil's car sales increased by 21.2% year-on-year in August

Gesztoja Auto reported that the Brazilian Automobile Dealers Association announced on September 1 that data showed that in August Brazil’s car sales reached 312,812 units, which was an increase of 3.5% compared with July and an increase of 21.2% compared with the same period of last year. .

In addition to the increase in bank credit, the increase in the Brazilian auto market has also increased the purchasing power of consumers.

Brazil, Latin America's largest economy, is a major development market for major automakers worldwide, such as Fiat, Volkswagen, General Motors, and Ford Motor. In August, Fiat remained the largest selling car manufacturer in the Brazilian market, accounting for 23.4% of the Brazilian market. Followed by Volkswagen (22.3%), General Motors (20.4%) and Ford Motor (10.1%).