Dealers expect 16% increase in vehicle sales by 2021

Vehicle distributors in Brazil expect a 16% growth in sales this year, after registering the highest monthly licensing volume of 2020 in December, according to Fenabrave data. The entity’s projection for sales of new cars and light commercials this year is up 15.8%. For roads the forecast is for expansion of 21.7%, for buses the projection is for growth of 8.2%.

Source: Folha