Growth in Automotive Sector and Increasing Industrial Activity Has Stimulated the Growth in Brazil Lubricants Industry: Ken Research Increasing Vehicle Ownership: The number of vehicles in circulation in Brazil reached ~46 million units in 2019 including 2.7 million new motor vehicles registered in the same year. The country has a robust automotive manufacturing sector with many large original equipment manufacturers operating in the country and largely manufacturing passenger cars. The growing vehicle ownership in… Read More »
