Brazil 2011 vehicle sales seen up 5.2 pct-Anfavea

SAO PAULO, Dec 6 (BestGrowthStock) – New vehicle sales in Brazil
should rise 5.2 percent in 2011 to a new record, national
automakers’ association Anfavea said on Monday.

Output is expected to climb 1.1 percent next year, Anfavea
added.

Brazil is a major market for global automakers such as
Italy’s Fiat SpA (FIA.MI: ), Germany’s Volkswagen AG (VOWG.DE: )
and U.S.-based General Motors Co (GM.N: ) and Ford Motor Co
(F.N: ).
(Reporting by Alberto Alerigi, Writing by Elzio Barreto;
Editing by Derek Caney)

Brazil 2011 vehicle sales seen up 5.2 pct-Anfavea