Brazil’s vehicle production in the first two months of 2025 reached 393,000 units, the highest since early 2021, marking a 15% increase compared to the same period in 2024. February demonstrated a significant 14.6% rise from the previous year and a 24% increase from January.
In the first bimester, car and light commercial vehicle production were at 289,800 units, up 12.5%, while Truck production was 20,000 units, up 10.5% and Bus chassis production was 4,000 units, up 11%.
Source: Automotive Business Read The Article
PSR Analysis. The growth is attributed to stronger domestic sales and a recovery in exports and reflect a positive trend in the automotive sector, surpassing ANFAVEA disclosed expectation. It is in line with the PSR forecast, although we see a market contraction in the second half of the year.
Fabio Ferraresi is Director, Business Development, South America, for Power Systems Research
