New vehicle sales in Brazil in October rose year on year, as credit increases continue to fuel sales, auto dealers association Fenabrave said.
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Sales of cars, light commercial vehicles, trucks and buses rose 2.94% to 303,108 units last month. On the other hand, sales declined 1.28% in September due to fewer working days.
For the first 10 months of the year, sales climbed 8.04% to 2.8m vehicles from 2.59m in the same period of 2009, Dow Jones reported.
Fiat was the market leader with a 21.89% share followed by Volkswagen (21.24%) and General Motors (19.44%).
