New vehicle registrations in Brazil fell 14.8 percent month-over-month to 200 thousand units in January 2019, after increasing 1.6 percent in the previous month. Output went down for light vehicles (-13.4 percent to 163 thousand) and trucks (-8.5 percent to 6.99 thousand) but rose for buses (9.1 percent to 1.60 thousand). Additionally, exports of vehicles dropped 21.1 percent to 25.03 thousand. Year-on-year, new vehicle registrations advanced 10.2 percent while auto exports declined 46 percent. Car Registrations in Brazil averaged 104.32 Thousand from 1957 until 2018, reaching an all time high of 420 Thousand in August of 2012 and a record low of 2 Thousand in February of 1957.
Car Registrations in Brazil is expected to be 215.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Registrations in Brazil to stand at 220.00 in 12 months time. In the long-term, the Brazil New Vehicle Registrations is projected to trend around 240.00 Thousand in 2020, according to our econometric models.