Brazilian vehicle sales down 20.2% in 2016, production down 11.2%

On January 5 the Associacao Nacional dos Fabricantes de Veiculos Automotores (ANFAVEA) announced that Brazilian new vehicle sales (including trucks and buses) in December fell 10.3% year-over-year (y/y) to 204,329 units.

Sales for the 2016 full year (January- December) dropped 20.2% y/y to 2,050,317 units.
Among by maker sales of passenger vehicles in 2016, General Motors saw a decrease of 8.0% to 304,560 units. Fiat Chrysler’s sales fell 30.6% to 249,986 units. VW sales decreased 36.2% to 185,327 units. For light commercial vehicles, FCA’s sales decreased 6.6% to 114,881 units, Toyota's sales jumped 38.4% to 45,631 units, and VW’s sales decreased 37.5% to 43,146 units.
The Federacao Nacional da Distribuicao de Veiculos Automotores announced passenger vehicle sales rankings by model for the year. The GM Onix took the top spot with sales of 153,372 units. The Hyundai HB20 was number 2 with 121,616 units, followed by the Ford KA with 76,616 units. For LCVs, the Fiat Strada took the top spot with sales of 59,449 units, followed by the Fiat Toro with 41,283 units, and the Toyota Hilux was number 3 with 34,031 units.

In ANFAVEA’s sales report by fuel type for the year, sales of flexible-fuel vehicles fell 20.2% y/y to 1,750,750 units (market share of 88.0%), diesel vehicles rose 4.5% to 156,259 units (market share of 7.9%), gasoline vehicles declined 40.9% to 80,493 units (market share of 4.0%), and hybrid and electric vehicles increased 29.0% to 1,091 units.

As for December production figures (excluding CKD production), units produced increased 40.6% to 200,887 units. Total production for the 2016 full year declined 11.2% to 2,157,379 units. Exports in December increased 36.1% to 62,941 units, and exports for the year increased 24.7% to 520,286 units.

Anfavea expects the sector to re-evolve in 2017 after four years of contraction in the domestic market. Anfavea expects a 4% increase in vehicle sales in 2017 to 2.13 million units. 2017 vehicle production may reach 2.41 million units, an increase of 11% compared to the 2016 result. Anfavea forecasts that the export should continue to expand in 2017 to 558,000 units with an increase of 7.2%.

ANFAVEA Release
FENABRAVE Release