Audi’s Return Shows Bet That Leases Spur Sales: Corporate Brazil

Carmakers in Brazil are anticipating leases will spur demand for new models as a tax incentive expires and companies such as Audi AG (NSU) start local production in Latin America’s biggest economy.

Argentine Economy Grew 5.2% in First Quarter From Year Ago

Argentina’s economy expanded at the slowest pace since 2009 in the first quarter, hampered by a slowdown in Brazil and drought-hit harvests.