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View Full Version : Brazil Stimulates Banks to Boost Car Lending as Sales Slump - Bloomberg



NewsWhore
05-21-2012, 06:10 PM
Brazil Stimulates Banks to Boost Car Lending as Sales Slump (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGPObdgb2Alp6GF3VPXPnQeohWy1Q&url=http://www.bloomberg.com/news/2012-05-21/brazil-stimulates-banks-to-boost-car-lending-as-sales-slump-1-.html)
Bloomberg
Strong demand that led to record sales last year of 5.8 million vehicles had been buoying automakers even as a strong currency last year fueled a surge in imported cars from China, Mexico and South Korea. Restricted Credit Still, with the economy ...

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