Car production in Brazil soared 129.1 percent over a month earlier to 98.7 thousand units in June 2020, after a 2232.4 percent jump in the previous month, as factories continue to resume operations following shutdown due to the coronavirus outbreak. Output rose for light vehicles (142.6 percent to 91.73 thousand); trucks (39 percent to 5.63 thousand) and buses (10.1 percent to 1.34 thousand). Year-on-year, auto production plunged 57.7 percent.
Car Production in Brazil averaged 111699.97 Units from 1957 until 2020, reaching an all time high of 352531 Units in April of 2013 and a record low of 1847 Units in April of 2020. This page provides - Brazil Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. Brazil Car Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: ANFAVEA, Brazil
Car Production in Brazil is expected to be 75000.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Production in Brazil to stand at 125000.00 in 12 months time. In the long-term, the Brazil Car Production is projected to trend around 190000.00 Units in 2021 and 240000.00 Units in 2022, according to our econometric models.