Car Production in Brazil decreased to 183016 Units in July from 189182 Units in June of 2023. source: ANFAVEA, Brazil

Car Production in Brazil averaged 115587.19 Units from 1957 until 2023, reaching an all time high of 352328.00 Units in April of 2013 and a record low of 1847.00 Units in April of 2020. This page provides - Brazil Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Car Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2023.

Car Production in Brazil is expected to be 204217.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Car Production is projected to trend around 175245.00 Units in 2024 and 208972.00 Units in 2025, according to our econometric models.

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Brazil Car Production



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-07 01:00 PM Jun -17% 27.4% -3.8%
2023-08-07 01:00 PM Jul -3.3% -17% -0.2% -3.2%
2023-09-08 01:00 PM Aug -3.3%


Related Last Previous Unit Reference
Car Registrations 226.00 190.00 Thousand Jul 2023
Car Production 183016.00 189182.00 Units Jul 2023

Brazil Car Production
In Brazil, car production measures the total number of manufactured cars including passenger cars, trucks and buses in the reference month.
Actual Previous Highest Lowest Dates Unit Frequency
183016.00 189182.00 352328.00 1847.00 1957 - 2023 Units Monthly
NSA

News Stream
Brazil July Car Output Falls More than Expected
Brazil's total production of cars, light commercial vehicles, trucks and buses fell by 3.3% over a month earlier to 183 thousand units in July 2023, the lowest level for that month since 2021. Analysts had expected a 0.2% decrease. July's outcome mainly reflected the recent stoppages in the assembly lines, following the boost from government-sponsored discounts on car sales, which helped to reduce the high inventories of factories and dealerships. On a yearly basis, auto production declined by 16.4%. In the year-to-date, the production of 1.315 million units is almost the same as the first seven months of 2022, with a slight increase of 0.3%.
2023-08-07
Brazil Car Production Drops in June
Brazil's total production of cars, light commercial vehicles, trucks and buses slipped by 17% over a month earlier to 189.2 thousand units in June 2023, the lowest level for that month since 2021. The month of June was marked by the start of the government program that offers discounts on vehicle purchases and announcements of plant shutdowns by automakers. Compared to June 2022, production fell by 7.1%. In the first semester of 2023, there was a 3.7% increase in production compared to the same period last year.
2023-07-07
Brazil Car Output Surges 27.4% MoM in May
The total production of cars, light commercial vehicles, trucks and buses in Brazil increased by 27.4% over a month earlier to 227.9 thousand units in May 2023, the highest level for that month since 2020. Year-to-date, auto production grew by 6.2%, with 942,800 vehicles assembled from January to May. Yearly, auto production grew by 10.7%. “It is a relevant increase and is explained by the return of factories. So, practically, we had no stoppages in the month of May”, said Márcio de Lima Leite, President of ANFAVEA. He added that the month had four more days compared to the previous one and the automakers created expectations regarding the announcement of a temporary program by the federal government, which reduces the prices of cars by up to R$ 8,000. The temporary program focuses on reducing the price of cars and encouraging the renewal of the collective and freight transport fleet with more than 20 years of use, through direct discounts to the consumer.
2023-06-06