BRAZIL/SOUTH AMERICA REPORT
Brazil truck production reached almost 64,40 units in the first half of this year, an increase of 36.5% over the same period in 2023
In June, 12,200 trucks were manufactured, a 74.1% increase compared to the same period last year.
Heavy truck sales also grew. In the first six months of this year, 56,800 trucks were sold, an increase of 8%. Last month, 10,000 trucks were sold, a 26.6% increase compared to June 2023.
Source: Automotive Business Read The Article
PSR Analysis: The production growth was expected due to the pre-production effect with P8 introduction in 2023. The good news is the 26% sales increase in June compared to the same period in 2023, which reinforces the confidence in the Truck Market in the region. PSR
Fabio Ferraresi is Director, Business Development-South America, for Power Systems Research
