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
Fabio Ferraresi is Managing Director, South America at Power Systems Research, where he leads regional market intelligence, consulting activities, and business development across multiple equipment segments. He holds a Bachelor’s degree in Mechanical Engineering from the University of São Paulo (USP) and an MBA in Business Management from FGV and Ohio University. Fabio also holds Six Sigma Black Belt, CMQ-OE and CQE certifications from the American Society for Quality.
Prior to joining PSR in 2014, Fabio spent 13 years at Eaton Corporation in Brazil and China, where he held leadership roles including supplier development manager, supply chain manager, factory manager, and quality manager. His experience spans the automotive and industrial sectors across South America and Asia. He also serves as director at Grupo Engenho, a consulting firm focused on operational excellence and business transformation and volunteers on key committees of SAE Brazil and AEA, nonprofit organizations that support the development of policies related to the products PSR covers.