Brazil’s May vehicle output up 6.6 pct from April

SAO PAULO, June 8 (BestGrowthStock) – Automobile output in Brazil
rose 6.6 percent in May from the previous month, the national
automakers’ association Anfavea said on Tuesday.

Carmakers produced 309,600 units last month, with sales of
251,100 units, the association said. May output jumped 14.9
percent from a year earlier, it said.

Brazil, Latin America’s largest economy, is a major market
for Italy’s Fiat SpA (FIA.MI: ), Germany’s Volkswagen AG
(VOWG.DE: ) and U.S.-based General Motors Co [GM.UL] and Ford
Motor Co (F.N: ).

Stock Market News

(Reporting by Alberto Alerigi Jr; Writing by Elzio Barreto;
Editing by Gerald E. McCormick)

Brazil’s May vehicle output up 6.6 pct from April