UPDATE 1-Brazil auto industry waiting until mid-2016 for rebound
August 06, 2015 at 12:28 PM EDT
SAO PAULO, Aug 6 (Reuters) - Brazil's auto industry is likely to recover around the middle of next year, the head of national automakers' association Anfavea said on Thursday, underscoring the depths of a crisis that has battered global carmakers' profits and triggered mass layoffs.