Dateline City:
HOUSTON
Brazilian light vehicle sales have more than doubled since 2000, propelling Brazil to sixth largest global consumer of lubricant products
An accelerating economy has doubled the passenger car fleet in Brazil to about 30 million vehicles since 2000 and, as a result, has also driven significant increase in demand for lubricants in the country. These trends have combined to propel Brazil to the sixth largest lubricants market globally, after China, the U.S., India, Japan and Russia, but ahead of Germany, says a new report from IHS (NYSE: IHS), a leading provider of information and insight.
Language:
English
