Brazil’s Automobile Industry, Which Is Witnessing a Significant Growth, Will See Automobiles Sales Increasing at a CAGR of around 9% during 2012-2015

Brazil, one of the world’s largest Automobile manufacturing markets, has been witnessing healthy growth as compared to the global auto industry due to the strong domestic demand and exports market. At present, the passenger car segment dominates the Brazilian automobile industry, and will continue ruling the market in the coming years. According to our latest report’s estimations, Brazil’s automobile industry, which is witnessing a significant growth, will see automobiles sales increasing at a CAGR of around 9% during 2012-2015.
 
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