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View Full Version : Brazil Car Sales Jump to Record on Tax Breaks, Interest Rate Cut - Bloomberg



NewsWhore
09-03-2012, 05:30 PM
Brazil Car Sales Jump to Record on Tax Breaks, Interest Rate Cut (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEVlI2YoCawWgIAR11BbwhkLnMp0g&url=http://www.bloomberg.com/news/2012-09-03/brazil-car-sales-jump-to-record-on-tax-breaks-interest-rate-cut.html)
Bloomberg
... was an annualized 1.64 percent in the second quarter. The government has also sought to shield manufacturers from cheaper imports by weakening the real, which has declined 8.1 percent this year, more than any major currency tracked by Bloomberg.

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