New vehicle registrations in Brazil jumped 113.6 percent month-over-month to 132.8 units in June 2020, following a 11.6 percent rise in the previous month, amid the easing of coronavirus restrictions. Registrations picked up for light vehicles (116.6 percent to 122.8 thousand), trucks (85.8 percent to 8.9 thousand) and buses (60.5 percent to 1.1 thousand). Meantime, exports of vehicles climbed 401.4 percent to 19.4 thousand. Year-on-year, new vehicle registrations dropped 40.5 percent while exports plunged 52 percent.
Car Registrations in Brazil averaged 106.54 Thousand from 1957 until 2020, reaching an all time high of 420 Thousand in August of 2012 and a record low of 2 Thousand in February of 1957. This page provides the latest reported value for - Brazil New Vehicle Registrations - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Brazil New Vehicle Registrations - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: ANFAVEA, Brazil
Car Registrations in Brazil is expected to be 150.00 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 240.00 in 12 months time. In the long-term, the Brazil New Vehicle Registrations is projected to trend around 250.00 Thousand in 2021 and 260.00 Thousand in 2022, according to our econometric models.