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06 Apr
14:54

LatAm car sales to improve slowly: Fitch Solutions

The Latin American automotive sector will continue its recovery in 2023, according to Fitch Solutions. Regional sales should continue growing mainly as a result of the gradual easing of the semiconductor shortage and the consequent fulfilment of pending vehicle supplies. Latin America is also expected to have a somewhat more supportive macroeconomic backdrop from the second half of this year, as inflationary pressures gradually decelerate and central banks cut int…
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