Venezuela: Car sales record largest drop in nearly four years

In November, car sales plunged 51.1% over the same month last year, reaching 5,912 units according to figures from the Venezuelan Automotive Chamber (CAVENEZ, Camara Automotriz de Venezuela). The reading follows a 26.5% decline in October and marks the sharpest drop since January 2010.

Read more about Venezuelan Retail.

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