Industry forecast to see 6% CAGR over 2017-2022 thanks to recovering demand for new cars, expanding used car sales, and growing demand for fuel
Number of car dealerships in Brazil expected to decline as tense competition and discounting may force smaller companies out of business
Supply of spare car parts remains fragmented, hindering growth opportunities for car maintenance service providers
Recovering new car sales, combined with rising demand for automotive fuel, sustain industry’s growth
Industry’s turnover expands by 3% in 2017 to BRL129.0 billion
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