Brazil's Car Export Rises High in 2018 and Automotive Market Recovery Continues!
- Associacao Nacional dos Fabricantes de Veiculos Automotores (ANFAVEA) announced that Brazilian new vehicle
sales (including trucks and buses) in November increased 13.1% year-over-year (y/y) to 230,945 units.
- Brazil’s car industry had its biggest month for exports in November, with the industry shipping 700,000 units
overseas in the first 11 months of 2017.
- Antonio Megale, the head of industry group Anfavea, said global automakers in Brazil would likely produce some
3 million vehicles next year. Vehicle sales will pick up to double-digit growth next year.
- Vehicle sales in November 2018 consisted of 191,849 passenger cars; 29,960 light commercial vehicles; 7,679 trucks;
and 1,457 buses.
- General Motors sold 41,352 units (21.6% share), VW sold 28,013 units (14.6% share), FCA sold 25,296 units (13.2%),
Renault sold 18,456 units (9.6%), Ford sold 17,088 units (8.9% share), and Hyundai sold 16,090 units (8.4%).
- Among light commercial vehicle manufacturers, FCA sold 10,459 vehicles (34.9% share), VW sold 5,057 vehicles
(16.9% share), GM sold 3,921 vehicles (13.1% share), Toyota sold 3,385 vehicles (11.3% share), Renault sold 1,836
vehicles (6.1%), and Ford sold 1,579 vehicles (5.3% share).
- ANFAVEA's sales report by fuel type, sales of flexible-fuel vehicles was up 12.2% y/y to 196,776 units (market share
of 88.7%), diesel vehicles were up 11.9% from a year ago with 17,921 units (market share of 8.1%), gasoline vehicles
increased 13.0% to 6,738 units (market share of 3.0%), and hybrid and electric vehicles increased 55.8% to 374 units.
- Mercedes-Benz announced new investments in bus and truck plants in brazil.
- Mercedes-Benz unit of Daimler AG announced plans to invest 2.4 billion reais ($750 million) from 2018 to 2022 in
Brazilian plants making bus and truck chassis.
- Over 41,000 motorcycles were shipped abroad from Brazil in H1 2018, up 26.6% from H1 2017.
- Production growth forecast for this year is from 5.9% to 11%.
- Wholesale sales projections were also revised, from 4.3% to 10.5%.