Brazil (Anfavea): New car sales in 2019, up 8.6% yoy: Production volume also up 2.3%

Brazil (Anfavea): New car sales in 2019, up 8.6% yoy: Production volume also up 2.3%

Sao Paulo

January 22, 2020

National Association of Automobile Manufacturers (Anfavea): (See figure)

Production volume:

In 2019, Brazil’s vehicle production (total of passenger cars, light commercial vehicles, buses and trucks) increased 2.3% year on year to 2,944,962 units.

sales quantity:

“The domestic sales volume (new vehicle registration base) increased by 8.6% to 2,877,850 units” contributed to the increase in production volume.

Exports:

Due to the sluggish economy of Argentina, a major export destination, sales fell 31.9% to 428,198 units.

Production volume and domestic sales volume (new vehicle registration basis) in 2019 are the highest since 2015.

This shows that domestic demand is gradually recovering.

By brand: domestic sales share (total of passenger cars and mini commercial vehicles)

General Motors (17.9%),
Volkswagen (15.6%),
Fiat (13.8%),
Followed by Renault (9.0%).

Japanese brands, in descending order of market share,

8.1% for Toyota
Honda 4.9%,
Nissan is 3.6%.

Compared to 2018, Volkswagen has the largest share.

-JETRO

https://www.jetro.go.jp/biznews/2020/01/ea56a78b49778616.html