Brazil auto output rises 1.6 percent in November

SAO PAULO, Dec 6 (BestGrowthStock) – Automobile production in
Brazil, Latin America’s largest economy, rose 1.6 percent in
November from the previous month, national automakers
association Anfavea said on Monday.

Sales of new cars and light trucks jumped 8.3 percent last
month from October, 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 Lisa Von Ahn)

Brazil auto output rises 1.6 percent in November