Brazilian truck production fell 27% in the first two months of 2026 compared with the same period of 2025, despite expectations linked to the Mover Brazil program. The decline reflects weaker domestic demand, cautious fleet renewal decisions and slower freight activity at the start of the year.
OEMs adjusted output in response to lower order intake, particularly in the heavy duty segment. The result highlights ongoing volatility in Brazil’s commercial vehicle cycle and limited short term impact of policy support measures on production levels.
Source: AutoData Read The Article
PSR Analysis. The contraction indicates that structural demand drivers such as freight activity and credit conditions remain more decisive than industrial policy incentives in the short term. Market recovery will depend on cargo volume growth, financing availability and operator confidence. The sector remains in a cyclical adjustment phase, with production planning closely tied to order backlog dynamics. Medium term effects of Mover Brazil will likely materialize gradually through efficiency gains and fleet modernization rather than immediate volume expansion. PSR
Fabio Ferraresi is Director, Business Development, South America, for Power Systems Research
