New vehicle registrations in Brazil rose 5.3 percent month-over-month to 209 thousand units in March 2019, following a 0.6 percent fall in the previous month. Output increased for light vehicles (5.1 percent to 200 thousand); trucks (10.5 percent to 7.60 thousand); and buses (6.6 percent to 1.59 thousand). Meantime, exports of vehicles dropped 3.7 percent to 39.02 thousand. Year-on-year, new vehicle registrations advanced 0.9 percent while auto exports went down 42.2 percent. Car Registrations in Brazil averaged 104.45 Thousand from 1957 until 2019, reaching an all time high of 420 Thousand in August of 2012 and a record low of 2 Thousand in February of 1957.
Car Registrations in Brazil is expected to be 205.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Registrations in Brazil to stand at 220.00 in 12 months time. In the long-term, the Brazil New Vehicle Registrations is projected to trend around 240.00 Thousand in 2020, according to our econometric models.