Brazilian automotive production declines in April

Tuesday, 09 May 2023 21:24:15 (GMT+3)   |   Sao Paulo

With a high number of stoppages at production plants, automotive production (cars, trucks and buses) in Brazil reached 178,900 units in April, 19.4 percent less than in March and 3.9 percent less than in April 2022.

Domestic sales totaled 160,700 units in April, 19.2 percent less than in March and 9.2 percent more than in April 2022, while exports reached 34,000 units, 24 percent less than in March and also 24 percent less than in April 2022.

Domestic sales include a large share of corporate sales, equivalent to 50 percent of the total, including car rentals, taxi fleets, corporate fleets, sales to the government and agriculture associations, pointing to a reduced number of acquisitions by individuals, reflecting problems related to the availability of credit loans and high interest rates.

According to Marcio de Lima Leite, president of the sector association Anfavea, nine plants have halted operations during April, with direct impact on the number of units produced.

He added that “even with lower availability of credit loans and high interest rates, the domestic sales have reached 633,000 units during the first four months of the year, 14 percent more than in the same period of 2022.”

LuizCompagnoni
Luiz Compagnoni
Editor
All Articles by the Author

I am a retired mechanical engineer, covering the steel industry in Latin America, from iron ore to finished products, over the last 20 years.

Similar articles

Brazil auto production dips 1 pct. in September from August's multi-year high

Brazil's August auto production highest since October 2019

Brazil's auto production increases by 3.2 percent in July from June

Brazil’s auto production falls in June, but 2026 could still be the strongest year in 12 years

Brazil’s auto production increases by 10.6 percent in May

Brazilian automotive production rises by 27.6 percent in March

Brazilian automotive production soars 25 percent in February versus month earlier

Brazil experienced a decline in automotive production during January

Brazil's automotive production fell in December

Automotive production of November declined in Brazil