(Reuters) – Brazilian auto sales jumped to their best June ever, an industry source with access to sales data said on Monday, as tax breaks and lending incentives helped bolster a flagging car industry.
Sales of cars and light trucks advanced 24 percent in June from May to about 340,300 vehicles, according to the source, up 19 percent from a year earlier. Last month’s surge brought sales in the first half to 1.6 million vehicles, nearly even with the first half of 2011.
Daily sales volumes averaged around 17,000 vehicles in June, according to Thomson Reuters calculations, the strongest pace since November. Sales picked up from less than 13,000 per day in the first five months of the year.