Car Production in Brazil increased to 227914 Units in May from 178853 Units in April of 2023. source: ANFAVEA, Brazil

Car Production in Brazil averaged 115410.24 Units from 1957 until 2023, reaching an all time high of 352328 Units in April of 2013 and a record low of 1847 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 June of 2023.

Car Production in Brazil is expected to be 194988.00 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 Actual Previous Consensus TEForecast
2023-05-08 01:00 PM Apr -19.4% 37.3% -0.2% -12.6%
2023-06-06 01:00 PM May 27.4% -19.4% 4.6%
2023-08-04 01:00 PM Jul

Related Last Previous Unit Reference
Car Registrations 177.00 161.00 Thousand May 2023
Car Production 227914.00 178853.00 Units May 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
227914.00 178853.00 352328.00 1847.00 1957 - 2023 Units Monthly

News Stream
Brazil April Car Output Lowest since 2020
Brazil's auto production slipped 19.4% from the previous month to 178,853 units in April 2023, the lowest level for that month since 2020, compared with market estimates of a 0.2% decrease. Output fell for trucks (-41.1%); light vehicles (-18.1%); and buses (-16.9%). In comparison with the same period of 2022, vehicle production fell by 3.9%. "It reflects an adjustment of production to match the real demand. We had the highest number of stoppages in April to adapt production to demand," President of ANFAVEA, Márcio de Lima Leite, said. Consumer spending in Brazil has been restrained by high-interest rates and household indebtedness. Year-to-date, car output rose by 4.8% to around 714,900 units.
Brazil Car Production Highest for March since 2019
Brazil's auto industry production jumped 37.3% from the previous month to 221,835 units in March 2023, the highest level for March since 2019. Output rose for light vehicles by 36.4% to 207.6 thousand; trucks by 51.7% to 12.3 thousand; and buses by 53.6% to 2 thousand. From January to March, 536 thousand vehicles were produced, just 8% more than at the beginning of last year, when the crisis of semiconductors was at its peak. “In this period we had eight factory stoppages and two shift cancellations, something similar to the stoppages seen at the beginning of 2022. The difference is that last year the reason was just the lack of components, while now there are other factors causing collective vacations, such as the cooling of demand", explained the President of ANFAVEA, Márcio de Lima Leite.
Brazil Car Output Tanks in January
Brazil's auto industry production slumped 20.3% from the previous month to 152,666 units in January 2023, while sales fell 34.1% in the period to 142,852 vehicles. The monthly drops come despite signs that a component shortage that capped auto production in recent years had been improving. “In January, the problem in the Brazilian automotive sector was more on the demand side than the supply side. The year begins with the automotive market sluggish, due to the growing credit difficulties and the climate of uncertainty about the performance of the economy at national and global levels”, said the President of ANFAVEA, Márcio de Lima Leite. Anfavea currently expects Brazil's 2023 auto production to rise by 2.2% and sales to increase by 3% from last year.