NewsWhore
10-22-2008, 03:40 PM
Car sales have fallen for a sixth straight month, forcing vehicle importers and dealers association ACOFAVE to ask banks to lower interest rates in order to stimulate sales. Acofave director Enrique Fernandez says interest rates have doubled since May 2008, registering about 30% per year. Fernandez says that car sales will total about 22,180 by the end of the year, well below the 30,636 registered in 2007.
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