Brazil's Auto Sector Warming Under New President

摘要

Brazil may be starting to shake off the economic chill that permeated the country under the storm of corruption that culminated in the ousting of the last president. The automotive sector is warming, moreso in exports than domestic sales, and leading a slight uptick in industrial performance. Overall, the economy is predicted to expand by 1.3 percent this year under new President Michel Temer, compared with a contraction of 6.6 percent last year.