New vehicle registrations in Brazil fell 3.3 percent over a month earlier to 235 thousand units in September 2019, after a 0.3 percent drop in August. Meantime, exports of vehicles went down 0.2 percent to 37 thousand. Year-on-year, new vehicle registrations jumped 10.1 percent while exports slipped 7.1 percent. Considering the first nine months of the year, new vehicle registrations surged 9.9 percent to 2.0 million units while exports declined 35.6 percent to 338 thousand units. Car Registrations in Brazil averaged 105.77 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 220.00 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 235.00 in 12 months time. In the long-term, the Brazil New Vehicle Registrations is projected to trend around 250.00 Thousand in 2020, according to our econometric models.