The Associacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA) announced that Brazilian vehicle sales (including trucks and buses) in April 2024 of 220,842 units represented an increase of 37.4% from April 2023.
Vehicle sales in April consisted of 164,385 passenger cars; 43,963 light commercial vehicles; 10,758 trucks; and 1,736 buses.
Among passenger vehicle manufacturers, FCA sold 34,277 units (20.9% share), VW sold 27,821 units (16.9%), GM sold 24,764 units (15.1%), Hyundai sold 15,594 units (9.5%) and Toyota sold 12,639 units (7.7%).
Among light commercial vehicle manufapcturers, FCA sold 19,178 units (43.6% share), VW sold 5,621 units (12.8%), GM sold 5,096 units (11.6%), Toyota sold 4,793 units (10.9%), Ford sold 2,978 units (6.8%).
The VW Polo was the best-selling passenger vehicle in April with 12,434 sales, followed by the Chevrolet Onix with 9,087 sales, Fiat Argo with 8,599 sales, Hyundai HB20 with 8,194 sales, Chevrolet Onix Plus with 7,049 sales, VW T Cross with 6,224 sales, and GM Tracker with 5,670 sales.
The Fiat Strada was the best-selling commercial vehicle in April with 11,497 sales, followed by the VW Saveiro with 5,373 sales, Toyota Hilux with 4,792 sales, Fiat Toro with 3,896 sales, GM Montana with 2,534 sales, Chevrolet S10 with 2,473 sales, and Ford Ranger with 2,382 sales.
In ANFAVEA's sales report by fuel type, sales of flexible fuel vehicles were up 31.1% y/y to 165,610 units (79.5% share), diesel vehicles were up 20.5% to 19,957 units (9.6%), gasoline vehicles increased 96.5% to 7,581 units (3.6%), hybrid vehicles increased 57.1% to 4,893 units (2.3%), Plug-in hybrid vehicles increased 224.2% to 3,608 units (1.7%) and electric vehicles increased 1,100.5% to 6,699 units (3.2%).
On April 9, Scotiabank maintained its previous March forecast, estimating full-year Brazilian sales of 2.27 million units in 2024 and 2.38 million units in 2025.
(ANFAVEA release on May 8, 2024) (Fenabrave press release on May 3, 2024) (Scotiabank release on April 9, 2024)