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CORRECTED-Brazil auto sales down 13.7 pct in April-Anfavea

Fri May 8, 2009 10:34pm IST
 
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(Corrects figures for sales and output in first and second paragraphs)

SAO PAULO, May 8 (Reuters) - Automobile sales in Brazil fell 13.7 percent in April from the previous month as consumer demand waned after four straight months of gains, the national automakers' association Anfavea said on Friday.

Sales also fell 10.3 percent from April 2008 to 234,400, Anfavea said. Automobile output dropped 6.9 percent month-on-month in April and was down 15.8 percent from a year earlier to 254,700 units.

Brazil, Latin America's largest economy, is a major market for global automakers such as Italy's Fiat (FIA.MI: Quote, Profile, Research), Germany's Volkswagen AG (VOWG.DE: Quote, Profile, Research), U.S.-based General Motors Corp GM.N and Ford Motor Co (F.N: Quote, Profile, Research). Asian and French manufacturers are also increasingly relying on Brazil to offset slumping sales at home.

The national dealers' association, Fenabrave, said this week that new car, truck and bus sales in Brazil dropped 13.6 percent in April from March. (Reporting by Vanessa Stelzer, Writing by Stuart Grudgings; Editing by Leslie Gevirtz)

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