Automakers in Brazil return to recording pre-pandemic results

by Andrea
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The country stood out as the fifth largest vehicle market in the world, surpassing Germany, one of the largest economies in the world

BRUNO ESCOLASTICO/E.FOTOGRAFIA/ESTADÃO CONTÚDO
With 265,000 registered vehicles, Brazil achieved its best result since December 2014

In recent months, the Brazilian automotive market has shown impressive signs of recovery, reaching sales figures that had not been seen since before the pandemic. In October, the country stood out as the fifth largest vehicle market in the world, surpassing , one of the largest economies in the world. , president of the National Association of Motor Vehicle Manufacturers (Anfavea), celebrated the feat, highlighting that the country achieved the highest sales figure in the last ten years. With 265 thousand registered vehicles, including light commercial cars, trucks and buses, Brazil achieved its best result since December 2014, when 370 thousand vehicles were sold.

The overtaking of Germany, which registered 232 thousand vehicles sold in the same period, is a significant milestone for Brazil. This achievement not only places the country in a historic position in the global ranking, but also reflects the resilience and recovery capacity of the Brazilian automotive sector. Márcio Lima also commented on the international scenario, mentioning the potential impact of his return to the United States presidency. According to him, although the Republican’s protectionist stance should not directly affect Brazil, it could influence technological routes to decarbonization, given Trump’s position on these issues.

The growth in sales in Brazil is notable. Compared to October 2023, there was a 21.6% increase in sales, and compared to September, the growth was 12%. In the first ten months of the year, registrations totaled 2.1 million units, representing an expansion of 15%. This year has been marked not only by an increase in domestic sales, but also by exports, in addition to significant growth in the sale of trucks and buses. These numbers consolidate the advancement of the automotive sector in the country, demonstrating a market in full recovery.

*Report produced with the help of AI

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