Brazil’s second hand car market is expanding

Global Business

Brazil’s auto industry is expecting 2015 to be its worst, in terms of new car sales, since 1998. But, while the nation’s economic crisis means new car sales have dropped, the second-hand car market is booming. CCTV America’s Paulo Cabral filed this report from Sao Paulo in Brazil.
Follow Paulo Cabral on Twitter @paulonumundo

Brazil\'s second hand car market is expanding

Brazil's auto industry is expecting 2015 to be its worst, in terms of new car sales, since 1998. But, while the nation's economic crisis means new car sales have dropped, the second-hand car market is booming.