Brazil - Automotive Sales volume, 2024

Flash report, March 2024

Apr 9, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

Brazilian vehicle sales decrease 5.7% to 187,731 units in March (ANFAVEA)
The Associacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA) announced that Brazilian vehicle sales (including trucks and buses) in March 2024 of 187,731 units represented an decrease of 5.7% from March 2023.
Vehicle sales in March consisted of 137,918 passenger cars; 38,312 light commercial vehicles; 9,887 trucks; and 1,614 buses.
Among passenger vehicle manufacturers, FCA sold 29,174 units (21.2% share), VW sold 25,908 units (18.8%), GM sold 17,488 units (12.7%), Toyota sold 11,436 units (8.3%) and Hyundai sold 10,826 units (7.8%). Among light commercial vehicle manufacturers, FCA sold 18,520 units (48.3% share), VW sold 4,872 units (12.7%), GM sold 3,977 units (10.4%), Toyota sold 3,499 units (9.1%), Renault sold 2,020 units (5.3%).
The VW Polo was the best-selling passenger vehicle in March with 11,943 sales, followed by the Chevrolet Onix with 7,753 sales, Fiat Argo with 6,850 sales, VW T Cross with 5,462 sales, Hyundai HB20 with 5,288 sales, Nissan Kicks with 5,034 sales, and Chevrolet Tracker with 4,711 sales.
The Fiat Strada was the best-selling commercial vehicle in March with 9,990 sales, followed by the VW Saveiro with 4,607 sales, Fiat Toro with 3,957 sales, Toyota Hilux with 3,498 sales, GM Montana with 2,165 sales, Ram Rampage with 2,133 sales, and Chevrolet S10 with 1,740 sales.
In ANFAVEA's sales report by fuel type, sales of flexible fuel vehicles were down 10.5% y/y to 138,786 units (78.8% share), diesel vehicles were down 21.4% to 16,060 units (9.1%), gasoline vehicles increased 57.8% to 7,776 units (4.4%), hybrid vehicles increased 32.4% to 4,454 units (2.5%), Plug-in hybrid vehicles increased 48.4% to 3,022 units (1.7%) and electric vehicles increased 950.0% to 6,132 units (3.5%).
On March 8, Scotiabank maintained its previous January forecast, estimating full-year Brazilian sales of 2.27 million units in 2024 and 2.38 million units in 2025.

Automobile production, sales, export units

	Type	Mar. 2024	Mar. 2023	Y-o-Y	Jan.-Mar. 2024	Jan.-Mar. 2023	Y-o-Y
Registration	Passenger Cars	137,918	146,244	-5.7%	376,778	345,993	8.9%
	Light Commercial Vehicles	38,312	40,109	-4.5%	107,210	90,947	17.9%
	Trucks	9,887	10,051	-1.6%	26,480	28,616	-7.5%
	Buses	1,614	2,570	-37.2%	4,103	6,219	-34.0%
	Total	187,731	198,974	-5.7%	514,571	471,775	9.1%
Export	Passenger Cars	23,176	36,538	-36.6%	59,355	91,901	-35.4%
	Light Commercial Vehicles	7,758	6,874	12.9%	18,697	16,986	10.1%
	Trucks	1,368	1,792	-23.7%	3,322	4,468	-25.6%
	Buses	404	215	87.9%	874	808	8.2%
	Total	32,706	45,419	-28.0%	82,248	114,163	-28.0%
Production	Passenger Cars	143,419	167,662	-14.5%	401,132	416,416	-3.7%
	Light Commercial Vehicles	38,482	39,890	-3.5%	101,050	91,091	10.9%
	Trucks	11,224	12,325	-8.9%	29,327	24,497	19.7%
	Buses	2,626	1,958	34.1%	6,490	4,015	61.6%
	Total	195,751	221,835	-11.8%	537,999	536,019	0.4%

Source: Associacao Nacional dos Fabricantes de Veiculos Automotores (ANFAVEA)

Sales of new passenger cars

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Mar.	Share	Mar.	Share		Jan.-Mar.	Share	Jan.-Mar.	Share
FCA *	29,174	21.2%	38,118	26.1%	-23.5%	83,807	22.2%	87,829	25.4%	-4.6%
- Fiat	20,254	14.7%	23,899	16.3%	-15.3%	58,427	15.5%	56,043	16.2%	4.3%
- Jeep	8,904	6.5%	14,208	9.7%	-37.3%	25,342	6.7%	31,758	9.2%	-20.2%
- Dodge	14	0.0%	10	0.0%	40.0%	28	0.0%	25	0.0%	12.0%
- Chrysler	2	0.0%	1	0.0%	100.0%	10	0.0%	3	0.0%	233.3%
VW	25,908	18.8%	20,155	13.8%	28.5%	63,597	16.9%	50,654	14.6%	25.6%
GM	17,488	12.7%	23,308	15.9%	-25.0%	45,100	12.0%	60,591	17.5%	-25.6%
Toyota	11,436	8.3%	12,954	8.9%	-11.7%	31,991	8.5%	31,534	9.1%	1.4%
- Toyota	11,357	8.2%	12,924	8.8%	-12.1%	31,760	8.4%	31,447	9.1%	1.0%
- Lexus	79	0.1%	30	0.0%	163.3%	231	0.1%	87	0.0%	165.5%
Hyundai	10,826	7.8%	16,239	11.1%	-33.3%	36,781	9.8%	36,426	10.5%	1.0%
Renault	7,355	5.3%	9,677	6.6%	-24.0%	21,003	5.6%	21,736	6.3%	-3.4%
Nissan	6,720	4.9%	6,046	4.1%	11.1%	17,194	4.6%	13,301	3.8%	29.3%
Honda	6,415	4.7%	6,728	4.6%	-4.7%	17,013	4.5%	14,185	4.1%	19.9%
CAOA	4,921	3.6%	1,800	1.2%	173.4%	11,881	3.2%	4,487	1.3%	164.8%
- CAOA Chery	4,829	3.5%	1,679	1.1%	187.6%	11,628	3.1%	4,302	1.2%	170.3%
- Hyundai	77	0.1%	21	0.0%	266.7%	191	0.1%	74	0.0%	158.1%
- Subaru	15	0.0%	100	0.1%	-85.0%	62	0.0%	111	0.0%	-44.1%
PSA *	3,805	2.8%	4,932	3.4%	-22.9%	11,695	3.1%	11,009	3.2%	6.2%
- Citroen	2,463	1.8%	2,601	1.8%	-5.3%	6,427	1.7%	5,944	1.7%	8.1%
- Peugeot	1,342	1.0%	2,331	1.6%	-42.4%	5,268	1.4%	5,065	1.5%	4.0%
BMW	1,511	1.1%	1,523	1.0%	-0.8%	3,720	1.0%	3,280	0.9%	13.4%
- BMW	1,266	0.9%	1,355	0.9%	-6.6%	3,198	0.8%	2,887	0.8%	10.8%
- Mini	245	0.2%	168	0.1%	45.8%	522	0.1%	393	0.1%	32.8%
HPE	938	0.7%	535	0.4%	75.3%	2,341	0.6%	1,439	0.4%	62.7%
- Mitsubishi	862	0.6%	417	0.3%	106.7%	2,205	0.6%	1,130	0.3%	95.1%
- Suzuki	76	0.1%	118	0.1%	-35.6%	136	0.0%	309	0.1%	-56.0%
Audi	565	0.4%	593	0.4%	-4.7%	1,393	0.4%	1,369	0.4%	1.8%
Mercedes-Benz Cars & Vans	503	0.4%	577	0.4%	-12.8%	1,268	0.3%	1,402	0.4%	-9.6%
Ford	387	0.3%	249	0.2%	55.4%	1,883	0.5%	558	0.2%	237.5%
Jaguar Land Rover	376	0.3%	577	0.4%	-34.8%	1,141	0.3%	1,041	0.3%	9.6%
- Land Rover	354	0.3%	524	0.4%	-32.4%	1,082	0.3%	920	0.3%	17.6%
- Jaguar	22	0.0%	53	0.0%	-58.5%	59	0.0%	121	0.0%	-51.2%
Others	9,590	7.0%	2,233	1.5%	329.5%	24,970	6.6%	5,152	1.5%	384.7%
Total	137,918	100.0%	146,244	100.0%	-5.7%	376,778	100.0%	345,993	100.0%	8.9%

*FCA and PSA are shown as stated in the source.

Sales of new light commercial vehicles

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Mar.	Share	Mar.	Share		Jan.-Mar.	Share	Jan.-Mar.	Share
FCA *	18,520	48.3%	17,992	44.9%	2.9%	50,104	46.7%	41,567	45.7%	20.5%
- Fiat	16,081	42.0%	17,557	43.8%	-8.4%	43,082	40.2%	40,610	44.7%	6.1%
- Dodge	2,333	6.1%	426	1.1%	447.7%	6,710	6.3%	926	1.0%	624.6%
- Jeep	106	0.3%	9	0.0%	1,077.8%	312	0.3%	31	0.0%	906.5%
VW	4,872	12.7%	3,241	8.1%	50.3%	13,236	12.3%	9,070	10.0%	45.9%
GM	3,977	10.4%	6,698	16.7%	-40.6%	11,835	11.0%	10,700	11.8%	10.6%
Toyota	3,499	9.1%	4,364	10.9%	-19.8%	10,216	9.5%	10,621	11.7%	-3.8%
Renault	2,020	5.3%	1,992	5.0%	1.4%	5,707	5.3%	4,565	5.0%	25.0%
Ford	1,941	5.1%	2,407	6.0%	-19.4%	6,327	5.9%	5,115	5.6%	23.7%
Nissan	914	2.4%	571	1.4%	60.1%	2,370	2.2%	1,661	1.8%	42.7%
HPE (Mitsubishi)	886	2.3%	952	2.4%	-6.9%	2,530	2.4%	2,522	2.8%	0.3%
Mercedes-Benz Cars & Vans	567	1.5%	599	1.5%	-5.3%	1,629	1.5%	1,776	2.0%	-8.3%
PSA *	300	0.8%	480	1.2%	-37.5%	890	0.8%	1,343	1.5%	-33.7%
- Citroen	163	0.4%	234	0.6%	-30.3%	377	0.4%	662	0.7%	-43.1%
- Peugeot	137	0.4%	246	0.6%	-44.3%	513	0.5%	681	0.7%	-24.7%
Iveco	223	0.6%	165	0.4%	35.2%	594	0.6%	482	0.5%	23.2%
MAN	160	0.4%	224	0.6%	-28.6%	498	0.5%	461	0.5%	8.0%
CAOA	96	0.3%	1	0.0%	9,500.0%	225	0.2%	3	0.0%	7,400.0%
Land Rover	0	0.0%	1	0.0%	-100.0%	1	0.0%	7	0.0%	-85.7%
Others	337	0.9%	422	1.1%	-20.1%	1,048	1.0%	1,054	1.2%	-0.6%
Total	38,312	100.0%	40,109	100.0%	-4.5%	107,210	100.0%	90,947	100.0%	17.9%

*FCA and PSA are shown as stated in the source.

Sales of new trucks

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Mar.	Share	Mar.	Share		Jan.-Mar.	Share	Jan.-Mar.	Share
MAN	2,469	25.0%	2,797	27.8%	-11.7%	6,548	24.7%	7,199	25.2%	-9.0%
Mercedes-Benz	2,011	20.3%	2,377	23.6%	-15.4%	5,391	20.4%	7,417	25.9%	-27.3%
Scania	1,856	18.8%	882	8.8%	110.4%	4,368	16.5%	2,569	9.0%	70.0%
Volvo	1,605	16.2%	1,393	13.9%	15.2%	4,676	17.7%	4,681	16.4%	-0.1%
Iveco	715	7.2%	933	9.3%	-23.4%	1,711	6.5%	2,488	8.7%	-31.2%
DAF	702	7.1%	537	5.3%	30.7%	2,236	8.4%	1,843	6.4%	21.3%
FCA *	251	2.5%	745	7.4%	-66.3%	728	2.7%	1,508	5.3%	-51.7%
Mercedes-Benz Cars & Vans	168	1.7%	264	2.6%	-36.4%	522	2.0%	599	2.1%	-12.9%
CAOA Hyundai	18	0.2%	40	0.4%	-55.0%	73	0.3%	101	0.4%	-27.7%
Ford	11	0.1%	4	0.0%	175.0%	54	0.2%	7	0.0%	671.4%
PSA *	7	0.1%	6	0.1%	16.7%	13	0.0%	17	0.1%	-23.5%
- Peugeot	6	0.1%	4	0.0%	50.0%	10	0.0%	13	0.0%	-23.1%
- Citroen	1	0.0%	2	0.0%	-50.0%	3	0.0%	4	0.0%	-25.0%
Agrale	6	0.1%	18	0.2%	-66.7%	17	0.1%	23	0.1%	-26.1%
Others	68	0.7%	55	0.5%	23.6%	143	0.5%	164	0.6%	-12.8%
Total	9,887	100.0%	10,051	100.0%	-1.6%	26,480	100.0%	28,616	100.0%	-7.5%

*FCA and PSA are shown as stated in the source.

Sales of new buses

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Mar.	Share	Mar.	Share		Jan.-Mar.	Share	Jan.-Mar.	Share
Mercedes-Benz	838	51.9%	1,256	48.9%	-33.3%	2,193	53.4%	2,793	44.9%	-21.5%
MAN (Volkswagen Caminhoes e Onibus)	385	23.9%	870	33.9%	-55.7%	874	21.3%	1,900	30.6%	-54.0%
Agrale	254	15.7%	291	11.3%	-12.7%	690	16.8%	1,076	17.3%	-35.9%
Iveco	56	3.5%	39	1.5%	43.6%	144	3.5%	89	1.4%	61.8%
Scania	48	3.0%	23	0.9%	108.7%	106	2.6%	59	0.9%	79.7%
Volvo	33	2.0%	91	3.5%	-63.7%	93	2.3%	271	4.4%	-65.7%
Others	0	0.0%	0	0.0%	-%	3	0.1%	31	0.5%	-90.3%
Total	1,614	100.0%	2,570	100.0%	-37.2%	4,103	100.0%	6,219	100.0%	-34.0%

Source: Associacao Nacional dos Fabricantes de Veiculos Automotores (ANFAVEA)

Flash report, February 2024

Mar 8, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

Brazilian vehicle sales increase 27.1% to 165,225 units in February (ANFAVEA)
The Associacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA) announced that Brazilian vehicle sales (including trucks and buses) in February 2024 of 165,225 units represented an increase of 27.1% from February 2023.
Vehicle sales in February consisted of 120,337 passenger cars; 35,174 light commercial vehicles; 8,376 trucks; and 1,338 buses.
Among passenger vehicle manufacturers, FCA sold 29,388 units (24.4% share), VW sold 19,535 units (16.2%), GM sold 12,542 units (10.4%), Hyundai sold 11,877 units (9.9%) and Toyota sold 10,036 units (8.3%). Among light commercial vehicle manufacturers, FCA sold 16,062 units (45.7% share), VW sold 4,373 units (12.4%), GM sold 4,006 units (11.4%), Toyota sold 3,437 units (9.8%), Ford sold 2,290 units (6.5%).
The VW Polo was the best-selling passenger vehicle in February with 8,063 sales, followed by the Fiat Argo with 6,507 sales, Fiat Mobi with 6,288 sales, Renault Kwid with 6,046 sales, Hyundai HB20 with 5,287 sales, Hyundai Creta with 4,385 sales and Chevrolet Onix with 4,299 sales.
The Fiat Strada was the best-selling commercial vehicle in February with 8,568 sales, followed by the VW Saveiro with 4,127 sales, Toyota Hilux with 3,436 sales, Fiat Toro with 3,044 sales, Ram Rampage with 2,101 sales, Chevrolet S10 with 2,020 sales, and Ford Ranger with 1,885 sales.
In ANFAVEA's sales report by fuel type, sales of flexible fuel vehicles were up 22.4% y/y to 121,596 units (78.2% share), diesel vehicles were up 24.1% to 16,371 units (10.5%), gasoline vehicles increased 132.3% to 7,099 units (4.6%), hybrid vehicles increased 35.0% to 3,304 units (2.1%), Plug-in hybrid vehicles increased 189.0% to 3,509 units (2.3%) and electric vehicles increased 469.3% to 3,632 units (2.3%).
On February 8, Scotiabank maintained its previous January forecast, estimating full-year Brazilian sales of 2.27 million units in 2024 and 2.38 million units in 2025.

Automobile production, sales, export units

	Type	Feb. 2024	Feb. 2023	Y-o-Y	Jan.-Feb. 2024	Jan.-Feb. 2023	Y-o-Y
Registration	Passenger Cars	120,337	95,863	25.5%	238,860	199,749	19.6%
	Light Commercial Vehicles	35,174	24,043	46.3%	68,898	50,838	35.5%
	Trucks	8,376	8,108	3.3%	16,593	18,565	-10.6%
	Buses	1,338	1,935	-30.9%	2,489	3,649	-31.8%
	Total	165,225	129,949	27.1%	326,840	272,801	19.8%
Export	Passenger Cars	21,527	28,391	-24.2%	36,126	55,363	-34.7%
	Light Commercial Vehicles	7,439	5,352	39.0%	10,939	10,112	8.2%
	Trucks	1,329	1,650	-19.5%	1,954	2,676	-27.0%
	Buses	357	303	17.8%	470	593	-20.7%
	Total	30,652	35,696	-14.1%	49,489	68,744	-28.0%
Production	Passenger Cars	140,688	123,694	13.7%	257,713	248,754	3.6%
	Light Commercial Vehicles	36,566	28,426	28.6%	62,568	51,201	22.2%
	Trucks	10,162	8,123	25.1%	18,103	12,172	48.7%
	Buses	2,268	1,275	77.9%	3,864	2,057	87.8%
	Total	189,684	161,518	17.4%	342,248	314,184	8.9%

Source: Associacao Nacional dos Fabricantes de Veiculos Automotores (ANFAVEA)

Sales of new passenger cars

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Feb.	Share	Feb.	Share		Jan.-Feb.	Share	Jan.-Feb.	Share
FCA *	29,388	24.4%	24,492	25.5%	20.0%	54,633	22.9%	49,711	24.9%	9.9%
- Fiat	20,698	17.2%	15,435	16.1%	34.1%	38,173	16.0%	32,144	16.1%	18.8%
- Jeep	8,675	7.2%	9,045	9.4%	-4.1%	16,438	6.9%	17,550	8.8%	-6.3%
- Dodge	8	0.0%	11	0.0%	-27.3%	14	0.0%	15	0.0%	-6.7%
- Chrysler	7	0.0%	1	0.0%	600.0%	8	0.0%	2	0.0%	300.0%
VW	19,535	16.2%	13,735	14.3%	42.2%	37,689	15.8%	30,499	15.3%	23.6%
GM	12,542	10.4%	16,722	17.4%	-25.0%	27,612	11.6%	37,283	18.7%	-25.9%
Hyundai	11,877	9.9%	8,696	9.1%	36.6%	25,955	10.9%	20,187	10.1%	28.6%
Toyota	10,036	8.3%	9,576	10.0%	4.8%	20,555	8.6%	18,580	9.3%	10.6%
- Toyota	9,959	8.3%	9,539	10.0%	4.4%	20,403	8.5%	18,523	9.3%	10.1%
- Lexus	77	0.1%	37	0.0%	108.1%	152	0.1%	57	0.0%	166.7%
Renault	8,239	6.8%	6,452	6.7%	27.7%	13,648	5.7%	12,059	6.0%	13.2%
Honda	5,443	4.5%	4,183	4.4%	30.1%	10,598	4.4%	7,457	3.7%	42.1%
Nissan	5,153	4.3%	3,872	4.0%	33.1%	10,474	4.4%	7,255	3.6%	44.4%
PSA *	3,572	3.0%	2,916	3.0%	22.5%	7,890	3.3%	6,077	3.0%	29.8%
- Citroen	1,873	1.6%	1,602	1.7%	16.9%	3,964	1.7%	3,343	1.7%	18.6%
- Peugeot	1,699	1.4%	1,314	1.4%	29.3%	3,926	1.6%	2,734	1.4%	43.6%
CAOA	3,339	2.8%	1,334	1.4%	150.3%	6,960	2.9%	2,687	1.3%	159.0%
- CAOA Chery	3,329	2.8%	1,296	1.4%	156.9%	6,799	2.8%	2,623	1.3%	159.2%
- Subaru	6	0.0%	11	0.0%	-45.5%	47	0.0%	11	0.0%	327.3%
- Hyundai	4	0.0%	27	0.0%	-85.2%	114	0.0%	53	0.0%	115.1%
BMW	1,219	1.0%	850	0.9%	43.4%	2,209	0.9%	1,757	0.9%	25.7%
- BMW	1,063	0.9%	750	0.8%	41.7%	1,932	0.8%	1,532	0.8%	26.1%
- Mini	156	0.1%	100	0.1%	56.0%	277	0.1%	225	0.1%	23.1%
Ford	783	0.7%	167	0.2%	368.9%	1,496	0.6%	309	0.2%	384.1%
HPE	728	0.6%	471	0.5%	54.6%	1,403	0.6%	904	0.5%	55.2%
- Mitsubishi	697	0.6%	359	0.4%	94.2%	1,343	0.6%	713	0.4%	88.4%
- Suzuki	31	0.0%	112	0.1%	-72.3%	60	0.0%	191	0.1%	-68.6%
Audi	421	0.3%	406	0.4%	3.7%	828	0.3%	776	0.4%	6.7%
Jaguar Land Rover	364	0.3%	259	0.3%	40.5%	765	0.3%	464	0.2%	64.9%
- Land Rover	355	0.3%	229	0.2%	55.0%	728	0.3%	396	0.2%	83.8%
- Jaguar	9	0.0%	30	0.0%	-70.0%	37	0.0%	68	0.0%	-45.6%
Mercedes-Benz Cars & Vans	356	0.3%	384	0.4%	-7.3%	765	0.3%	825	0.4%	-7.3%
Others	7,342	6.1%	1,348	1.4%	444.7%	15,380	6.4%	2,919	1.5%	426.9%
Total	120,337	100.0%	95,863	100.0%	25.5%	238,860	100.0%	199,749	100.0%	19.6%

*FCA and PSA are shown as stated in the source.

Sales of new light commercial vehicles

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Feb.	Share	Feb.	Share		Jan.-Feb.	Share	Jan.-Feb.	Share
FCA *	16,062	45.7%	11,464	47.7%	40.1%	31,584	45.8%	23,575	46.4%	34.0%
- Fiat	13,627	38.7%	11,174	46.5%	22.0%	27,001	39.2%	23,053	45.3%	17.1%
- Dodge	2,350	6.7%	284	1.2%	727.5%	4,377	6.4%	500	1.0%	775.4%
- Jeep	85	0.2%	6	0.0%	1,316.7%	206	0.3%	22	0.0%	836.4%
VW	4,373	12.4%	2,547	10.6%	71.7%	8,364	12.1%	5,829	11.5%	43.5%
GM	4,006	11.4%	1,865	7.8%	114.8%	7,858	11.4%	4,002	7.9%	96.4%
Toyota	3,437	9.8%	2,816	11.7%	22.1%	6,717	9.7%	6,257	12.3%	7.4%
Ford	2,290	6.5%	1,385	5.8%	65.3%	4,386	6.4%	2,708	5.3%	62.0%
Renault	1,807	5.1%	1,197	5.0%	51.0%	3,687	5.4%	2,573	5.1%	43.3%
HPE (Mitsubishi)	889	2.5%	787	3.3%	13.0%	1,644	2.4%	1,570	3.1%	4.7%
Nissan	714	2.0%	429	1.8%	66.4%	1,456	2.1%	1,090	2.1%	33.6%
Mercedes-Benz Cars & Vans	560	1.6%	555	2.3%	0.9%	1,062	1.5%	1,177	2.3%	-9.8%
PSA *	297	0.8%	438	1.8%	-32.2%	590	0.9%	863	1.7%	-31.6%
- Peugeot	178	0.5%	184	0.8%	-3.3%	376	0.5%	435	0.9%	-13.6%
- Citroen	119	0.3%	254	1.1%	-53.1%	214	0.3%	428	0.8%	-50.0%
Iveco	171	0.5%	145	0.6%	17.9%	371	0.5%	317	0.6%	17.0%
MAN	155	0.4%	112	0.5%	38.4%	338	0.5%	237	0.5%	42.6%
CAOA	80	0.2%	0	0.0%	-%	129	0.2%	2	0.0%	6,350.0%
Land Rover	1	0.0%	2	0.0%	-50.0%	1	0.0%	6	0.0%	-83.3%
Others	332	0.9%	301	1.3%	10.3%	711	1.0%	632	1.2%	12.5%
Total	35,174	100%	24,043	100%	46.3%	68,898	100%	50,838	100%	35.5%

*FCA and PSA are shown as stated in the source.

Sales of new trucks

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Feb.	Share	Feb.	Share		Jan.-Feb.	Share	Jan.-Feb.	Share
MAN	2,242	26.8%	2,156	26.6%	4.0%	4,079	24.6%	4,402	23.7%	-7.3%
Mercedes-Benz	1,677	20.0%	2,317	28.6%	-27.6%	3,380	20.4%	5,040	27.1%	-32.9%
Volvo	1,403	16.8%	1,207	14.9%	16.2%	3,071	18.5%	3,288	17.7%	-6.6%
Scania	1,370	16.4%	489	6.0%	180.2%	2,512	15.1%	1,687	9.1%	48.9%
DAF	685	8.2%	497	6.1%	37.8%	1,534	9.2%	1,306	7.0%	17.5%
Iveco	467	5.6%	784	9.7%	-40.4%	996	6.0%	1,555	8.4%	-35.9%
FCA *	224	2.7%	385	4.7%	-41.8%	477	2.9%	763	4.1%	-37.5%
Mercedes-Benz Cars & Vans	198	2.4%	163	2.0%	21.5%	354	2.1%	335	1.8%	5.7%
Ford	35	0.4%	2	0.0%	1,650.0%	43	0.3%	3	0.0%	1,333.3%
CAOA Hyundai	25	0.3%	16	0.2%	56.3%	55	0.3%	61	0.3%	-9.8%
Agrale	3	0.0%	3	0.0%	0.0%	11	0.1%	5	0.0%	120.0%
PSA *	1	0.0%	11	0.1%	-90.9%	6	0.0%	11	0.1%	-45.5%
- Citroen	1	0.0%	2	0.0%	-50.0%	2	0.0%	2	0.0%	0.0%
- Peugeot	0	0.0%	9	0.1%	-100.0%	4	0.0%	9	0.0%	-55.6%
Others	46	0.5%	78	1.0%	-41.0%	75	0.5%	109	0.6%	-31.2%
Total	8,376	100.0%	8,108	100.0%	3.3%	16,593	100.0%	18,565	100.0%	-10.6%

*FCA and PSA are shown as stated in the source.

Sales of new buses

Maker/Brand	2024		2023		Y-o-Y	2024		2023		Y-o-Y
	Feb.	Share	Feb.	Share		Jan.-Feb.	Share	Jan.-Feb.	Share
Mercedes-Benz	775	57.9%	882	45.6%	-12.1%	1,355	54.4%	1,537	42.1%	-11.8%
Agrale	269	20.1%	371	19.2%	-27.5%	436	17.5%	785	21.5%	-44.5%
MAN (Volkswagen Caminhoes e Onibus)	213	15.9%	592	30.6%	-64.0%	489	19.6%	1,030	28.2%	-52.5%
Iveco	28	2.1%	22	1.1%	27.3%	88	3.5%	50	1.4%	76.0%
Volvo	26	1.9%	57	2.9%	-54.4%	60	2.4%	180	4.9%	-66.7%
Scania	25	1.9%	5	0.3%	400.0%	58	2.3%	36	1.0%	61.1%
Others	2	0.1%	6	0.3%	-66.7%	3	0.1%	31	0.8%	-90.3%
Total	1,338	100.0%	1,935	100.0%	-30.9%	2,489	100.0%	3,649	100.0%	-31.8%

Source: Associacao Nacional dos Fabricantes de Veiculos Automotores (ANFAVEA)

Flash report, January 2024

Feb 9, 2024

*There are cases where recently released data and detailed information in the database do not match up for reasons including different information sources, and discrepancies between preliminary reports and confirmed data.

Brazilian vehicle sales increase 13.1% to 161,615 units in January (ANFAVEA)
The Associacao Nacional dos Fabricantes de Veiculos Automores (ANFAVEA) announced that Brazilian vehicle sales (including trucks and buses) in January 2024 of 161,615 units represented an increase of 13.1% from January 2023.
Vehicle sales in January consisted of 118,523 passenger cars; 33,724 light commercial vehicles; 8,217 trucks; and 1,151 buses.
Among passenger vehicle manufacturers, FCA sold 25,245 units (21.3% share), VW sold 18,154 units (15.3%), GM sold 15,070 units (12.7%), Hyundai sold 14,079 units (11.9%) and Toyota sold 10,519 units (8.9%). Among light commercial vehicle manufacturers, FCA sold 15,522 units (46.0% share), VW sold 3,991 units (11.8%), GM sold 3,852 units (11.4%), Toyota sold 3,280 units (9.7%), Ford sold 2,096 units (6.2%).
The Hyundai HB20 was the best-selling passenger vehicle in January with 7,478 sales, followed by the VW Polo with 7,258 sales, Chevrolet Onix with 5,714 sales, Hyundai Creta with 4,898 sales, Fiat Argo with 4,696 sales, GM Tracker with 4,280 sales and Nissan Kicks 4,074 sales.
The Fiat Strada was the best-selling LCV in January with 8,022 sales, followed by the VW Saveiro with 3,631 sales, Toyota Hilux with 3,277 sales, Fiat Toro with 3,219 sales, GM Montana with 1,792 sales, Ford Ranger with 1,776 sales, and Ram Rampage with 1,685 sales.
In ANFAVEA's sales report by fuel type, sales of flexible fuel vehicles were up 8.6% y/y to 117,776 units (77.4% share), diesel vehicles were up 5.8% to 15,762 units (10.4%), gasoline vehicles increased 134.8% to 6,687 units (4.4%), hybrid vehicles increased 82.2% to 3,879 units (2.5%), Plugin hybrid vehicles increased 135.3% to 3,789 units (2.5%) and electric vehicles increased 477.5% to 4,354 units (2.9%).
As of January 17, Scotiabank expected that Brazil's full-year sales for 2024 and 2025 will be 2.27 million and 2.38 million, respectively. Full-year sales in 2023 were 2,308,689 units, up 9.7% from the previous year.

Automobile production, sales, export units

	Type	Jan. 2024	Jan. 2023	Y-o-Y
Registration	Passenger Cars	118,523	103,886	14.1%
	Light Commercial Vehicles	33,724	26,795	25.9%
	Trucks	8,217	10,457	-21.4%
	Buses	1,151	1,714	-32.8%
	Total	161,615	142,852	13.1%
Export	Passenger Cars	14,599	26,972	-45.9%
	Light Commercial Vehicles	3,500	4,760	-26.5%
	Trucks	625	1,026	-39.1%
	Buses	113	290	-61.0%
	Total	18,837	33,048	-43.0%
Production	Passenger Cars	117,025	125,060	-6.4%
	Light Commercial Vehicles	26,002	22,775	14.2%
	Trucks	7,941	4,049	96.1%
	Buses	1,596	782	104.1%
	Total	152,564	152,666	-0.1%

Source: Associacao Nacional dos Fabricantes de Veiculos Automotores (ANFAVEA)

Sales of new passenger cars

Maker/Brand	2024		2023		Y-o-Y
	Jan.	Share	Jan.	Share
FCA *	25,245	21.3%	25,219	24.3%	0.1%
- Fiat	17,475	14.7%	16,709	16.1%	4.6%
- Jeep	7,763	6.5%	8,505	8.2%	-8.7%
- Dodge	6	0.0%	4	0.0%	50.0%
- Chrysler	1	0.0%	1	0.0%	0.0%
VW	18,154	15.3%	16,764	16.1%	8.3%
GM	15,070	12.7%	20,561	19.8%	-26.7%
Hyundai	14,079	11.9%	11,491	11.1%	22.5%
Toyota	10,519	8.9%	9,004	8.7%	16.8%
- Toyota	10,444	8.8%	8,984	8.6%	16.3%
- Lexus	75	0.1%	20	0.0%	275.0%
Renault	5,409	4.6%	5,607	5.4%	-3.5%
Nissan	5,321	4.5%	3,383	3.3%	57.3%
Honda	5,155	4.3%	3,274	3.2%	57.5%
PSA *	4,318	3.6%	3,161	3.0%	36.6%
- Peugeot	2,227	1.9%	1,420	1.4%	56.8%
- Citroen	2,091	1.8%	1,741	1.7%	20.1%
CAOA	3,620	3.1%	1,353	1.3%	167.6%
- CAOA Chery	3,470	2.9%	1,327	1.3%	161.5%
- Hyundai	109	0.1%	26	0.0%	319.2%
- Subaru	41	0.0%	0	0.0%	-%
BMW	990	0.8%	907	0.9%	9.2%
- BMW	869	0.7%	782	0.8%	11.1%
- Mini	121	0.1%	125	0.1%	-3.2%
Ford	713	0.6%	142	0.1%	402.1%
HPE	675	0.6%	433	0.4%	55.9%
- Mitsubishi	646	0.5%	354	0.3%	82.5%
- Suzuki	29	0.0%	79	0.1%	-63.3%
Mercedes-Benz Cars & Vans	409	0.3%	441	0.4%	-7.3%
Audi	407	0.3%	370	0.4%	10.0%
Jaguar Land Rover	401	0.3%	205	0.2%	95.6%
- Land Rover	373	0.3%	167	0.2%	123.4%
- Jaguar	28	0.0%	38	0.0%	-26.3%
Others	8,038	6.8%	1,571	1.5%	411.6%
Total	118,523	100.0%	103,886	100.0%	14.1%

*FCA and PSA are shown as stated in the source.


Sales of new light commercial vehicles

Maker/Brand	2024		2023		Y-o-Y
	Jan.	Share	Jan.	Share
FCA *	15,522	46.0%	12,111	45.2%	28.2%
- Fiat	13,374	39.7%	11,879	44.3%	12.6%
- Dodge	2,027	6.0%	216	0.8%	838.4%
- Jeep	121	0.4%	16	0.1%	656.3%
VW	3,991	11.8%	3,282	12.2%	21.6%
GM	3,852	11.4%	2,137	8.0%	80.3%
Toyota	3,280	9.7%	3,441	12.8%	-4.7%
Ford	2,096	6.2%	1,323	4.9%	58.4%
Renault	1,880	5.6%	1,376	5.1%	36.6%
HPE (Mitsubishi)	755	2.2%	783	2.9%	-3.6%
Nissan	742	2.2%	661	2.5%	12.3%
Mercedes-Benz Cars & Vans	502	1.5%	622	2.3%	-19.3%
PSA *	293	0.9%	425	1.6%	-31.1%
- Peugeot	198	0.6%	251	0.9%	-21.1%
- Citroen	95	0.3%	174	0.6%	-45.4%
Iveco	200	0.6%	172	0.6%	16.3%
MAN	183	0.5%	125	0.5%	46.4%
CAOA	49	0.1%	2	0.0%	2,350.0%
Land Rover	0	0.0%	4	0.0%	-100.0%
Others	379	1.1%	331	1.2%	14.5%
Total	33,724	100.0%	26,795	100.0%	25.9%

*FCA and PSA are shown as stated in the source.


Sales of new trucks

Maker/Brand	2024		2023		Y-o-Y
	Jan.	Share	Jan.	Share
MAN	1,837	22.4%	2,246	21.5%	-18.2%
Mercedes-Benz	1,703	20.7%	2,723	26.0%	-37.5%
Volvo	1,668	20.3%	2,081	19.9%	-19.8%
Scania	1,142	13.9%	1,198	11.5%	-4.7%
DAF	849	10.3%	809	7.7%	4.9%
Iveco	529	6.4%	771	7.4%	-31.4%
FCA *	253	3.1%	378	3.6%	-33.1%
Mercedes-Benz Cars & Vans	156	1.9%	172	1.6%	-9.3%
CAOA Hyundai	30	0.4%	45	0.4%	-33.3%
Agrale	8	0.1%	2	0.0%	300.0%
Ford	8	0.1%	1	0.0%	700.0%
PSA *	5	0.1%	0	0.0%	-%
- Peugeot	4	0.0%	0	0.0%	-%
- Citroen	1	0.0%	0	0.0%	-%
Others	29	0.4%	31	0.3%	-6.5%
Total	8,217	100.0%	10,457	100.0%	-21.4%

*FCA and PSA are shown as stated in the source.

Sales of new buses

Maker/Brand	2024		2023		Y-o-Y
	Jan.	Share	Jan.	Share
Mercedes-Benz	580	50.4%	655	38.2%	-11.5%
MAN (Volkswagen Caminhoes e Onibus)	276	24.0%	438	25.6%	-37.0%
Agrale	167	14.5%	414	24.2%	-59.7%
Iveco	60	5.2%	28	1.6%	114.3%
Volvo	34	3.0%	123	7.2%	-72.4%
Scania	33	2.9%	31	1.8%	6.5%
Others	1	0.1%	25	1.5%	-96.0%
Total	1,151	100.0%	1,714	100.0%	-32.8%

Source: Associacao Nacional dos Fabricantes de Veiculos Automotores (ANFAVEA)