10 Jan 22
News

Brazil vehicle production up double digits - Anfavea

Overall vehicle production in Brazil rose 11.6% year-over-year in 2021 to 2.25 million units, according to local automobile manufacturers association Anfavea.

In the same period, vehicle sales rose 3% to 2.12 million and exports increased 16% to 376,400 units.

Regarding automobiles and light commercial vehicles (LCV) in specific, production was up 8.7% to 2.07 million units while sales fell 1% to 1.72 million units. 

As for 2022, Anfavea estimates that overall vehicle production and sales will increase 9.4% and 8.5% respectively. Exports are seen up 3.6%.


 

Authored by: Daniel Bland