Hilux (Toyota)

The Associacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA) announced that Brazilian vehicle sales (including trucks and buses) in June 2024 of 214,304 units represented an increase of 13.1% from June 2023.

Vehicle sales in June consisted of 163,827 passenger cars; 38,757 light commercial vehicles; 9,982 trucks; and 1,738 buses.

Among passenger vehicle manufacturers, FCA sold 33,456 units (20.4% share), VW sold 25,956 units (15.8%), GM sold 24,055 units (14.7%), Hyundai sold 19,377 units (11.8%) and Toyota sold 13,598 units (8.3%). Among light commercial vehicle manufacturers, FCA sold 17,535 units (45.2% share), GM sold 4,616 units (11.9%), Toyota sold 3,896 units (10.1%), VW sold 3,887 units (10.0%), Ford sold 3,690 units (9.5%).

The Hyundai HB20 was the best-selling passenger vehicle in June with 9,760 sales, followed by the VW Polo with 9,683 sales, Chevrolet Onix with 8,852 sales, Fiat Argo with 7,423 sales, Chevrolet Onix Plus with 6,538 sales, Fiat Mobi with 6,007 sales, and VW T Cross with 5,936 sales.

The Fiat Strada was the best-selling commercial vehicle in June with 7,551 sales, followed by the Fiat Toro with 4,780 sales, Toyota Hilux with 3,895 sales, VW Saveiro with 3,182 sales, Ford Ranger with 3,026 sales, Chevrolet Montana with 2,349 sales, and Chevrolet S10 with 2,197 sales.

In ANFAVEA's sales report by fuel type, sales of flexible fuel vehicles were up 5.8% y/y to 160,682 units (79.3% share), diesel vehicles were up 12.6% to 19,181 units (9.5%), gasoline vehicles increased 76.9% to 8,334 units (4.1%), hybrid vehicles increased 36.1% to 4,396 units (2.2%), Plug-in hybrid vehicles increased 102.3% to 4,809 units (2.4%) and electric vehicles increased 738.5% to 5,182 units (2.6%).

Cumulative sales for the six months of the year were up 14.6% y/y to 1,143,973 units.

On June 11, Scotiabank maintained its previous June forecast, estimating full-year Brazilian sales of 2.27 million units in 2024 and 2.38 million units in 2025.

(ANFAVEA release on July 4, 2024) (Fenabrave press release on July 3, 2024) (Scotiabank release on June 12, 2024)

On July 3, the Brazilian dealer association Federacao Nacional da Distribuicao de Veiculos Automotores (Fenabrave) announced combined sales of 214,289 new passenger cars, light commercial vehicles, trucks, and buses in June 2024, an increase 13.1% compared to June 2023 and an increase of 10.3% from May 2024.

Vehicle sales in June 2024 consisted of 163,808 passenger cars; 38,666 commercial vehicles; 9,663 trucks; and 2,152 buses.

Among passenger vehicle sales manufacturers in June, VW sold 25,956 units (15.8% share), GM sold 24,047 units (14.7%), Fiat sold 23,349 units (14.3%), Hyundai sold 19,381 units (11.8%), Toyota sold 13,518 units (8.3%), Jeep sold 10,097 units (6.2%), and Renault sold 8,173 units (5.0%).

Among light commercial vehicle sales in June, Fiat sold 15,053 vehicles (38.9% share), GM sold 4,614 vehicles (11.9%), Toyota sold 3,896 units (10.1%), VW sold 3,887 units (10.1%), Ford sold 3,690 vehicles (9.5%), RAM sold 2,837 vehicles (7.3%), and Renault sold 1,743 vehicles (4.5%).

The Hyundai HB20 was the best-selling passenger vehicle in June with 9,760 sales, followed by the VW Polo with 9,683 sales, Chevrolet Onix with 8,852 sales, Fiat Argo with 7,423 sales, Chevrolet Onix Plus with 6,538 sales, Fiat Mobi with 6,007 sales, and VW T Cross with 5,936 sales.

The Fiat Strada was the best-selling commercial vehicle in June with 7,551 sales, followed by the Fiat Toro with 4,780 sales, Toyota Hilux with 3,895 sales, VW Saveiro with 3,182 sales, Ford Ranger with 3,026 sales, Chevrolet Montana with 2,349 sales, and Chevrolet S10 with 2,197 sales.

Cumulative sales for the six months of the year were up 14.6% y/y to 1,143,796 units.

On June 11, Scotiabank maintained its previous May forecast, estimating full-year Brazilian sales of 2.27 million units in 2024 and 2.38 million units in 2025.

(Fenabrave press release on July 3, 2024) (Scotiabank release on June 12, 2024)

On July 3, the Federal Chamber of Automotive Industries announced that new vehicle registrations of 119,659 units in June 2024 represented an decrease 4.2% over the last June.
New vehicle sales of 632,412 units in the first six months of the year represented an 8.7% increase YoY. 

Passenger car sales of 21,065 units in June represented an 3.3% increase YoY, SUV sales of 65,248 units represented a 5.5% decrease, LCV sales of 27,880 units represented a 3.3% decrease and MHCV sales of 5,466 units represented a 17.6% decrease. Battery electric vehicles accounted for 8.0% of sales in June (8.8％ in June last year). The sales ratio of hybrid vehicles (HV) and plug-in hybrid vehicles (PHV) increased to 14.4% from 7.8% in the same month last year.

Among the companies, Toyota sales decreased 0.2% YoY to 20,903 units, Ford sales increased 22.4% to 9,493 units, Mazda sales decreased 2.3% to 9,483 units, Kia sales increased 8.9% to 8,225 units and Mitsubishi sales increased 48.9% to 7,723 units.

The best-selling cars in June 2024, in order of popularity, were Ford Ranger, Toyota HiLux and Toyota RAV4.

FCAI release on July 3, 2024