The sales of new cars, trucks and buses rose in Brazil in May, both over the previous month and the corresponding month last year.
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Car, truck and bus sales reached 246,981, up 5.38% over April and 2.04% over May 2008, according to figures from the dealers’ association Fenabrave.
Over the first five months, however, sales were still down on the same period a year ago. Sales totalled 1.15 billion units, a 0.15% drop.
The news of growth in May will come as a relief to the Brazilian industry after April sales fell by 13.6% over March.
In in April, automakers association Anfavea, projected a 4% drop in full year sales to 2.71m light and heavy vehicles (2008: 2.84m) with production 11% lower at 2.86m units (versus 3.2m in 2008).
