Auto sales in Brazil slipped 5.2% M/M in May but still showed 10% improvement from a year ago....

|By:, SA News Editor

Auto sales in Brazil slipped 5.2% M/M in May but still showed 10% improvement from a year ago. The market in Brazil is being closely watched by major automakers (HMC, TM, GM, VLKAY.PK) because consumer-friendly tax cuts have provided a demand boost which they hope won't peter out.