Brazil Economy : Brazil Investment : Brazil Government : Brazil Trade : Brazil IPE Analysis & News

Car sales in the Brazil economy were up 11 percent in 2009 reaching a historic high for the BRIC nation according to BusinessWeek.

The Anfavea association of automakers said domestic and imported vehicles sold in the Brazil economy hit 3.14 million units in 2009.

A Brazil government tax break is sited as the key driver of car sales in the Brazilian economy according to Anfavea as pressure of the global economic downturn would have otherwise softened sales.

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