Brazil New-Vehicle Nears 12-year High

Brazil’s new-vehicle sales rebounded 2.3% month over month to 281,400 units in September after falling 1.6% in August, marking the highest monthly volume since December 2014. The increase was driven by strong growth in passenger-car and light-commercial-vehicle sales. Passenger-car sales rose 1.6% to 216,600 units, while light-commercial-vehicle sales grew 4.4% to 52,200 units. Electrified vehicles also supported the market, accounting for 20.1% of new light-vehicle registrations in Brazil in 2026. Heavy-vehicle sales also increased, with truck sales up 2.2% to 10,200 units and bus sales jumping 17.1% to 2,400 units. Anfavea revised up its 2026 forecasts for vehicle sales and production, now expecting the domestic market to reach 3.1 million registered vehicles this year.

Brazil’s new-vehicle sales fell 1.6% month over month to 275,100 units in August 2026, following a 2.6% increase in July. August had two fewer business days. Light-vehicle sales totaled 263,100 units, with passenger cars up 0.2% to 213,100, while light commercial vehicles fell 5.5% to 50,000. Heavy-vehicle sales totaled 12,000 units, as truck sales slumped 14.1% to 10,000 and bus sales dropped 9.4% to 2,000. Electrified vehicles reached a record 24.4% share, including a record 25,900 fully electric vehicles. Average daily sales were 13,100 units, the second-highest level this year, behind May’s 13,700. Year to date, sales reached 1.975 million units, up 18.4% year-on-year. The 2 million-unit mark was reached in early September, one month earlier than in 2025.

Brazil's new vehicle sales rose 2.6% month-over-month to 279.5 thousand units in July 2026, rebounding from a 0.8% decline in June, marking the highest level since December 2014. Electrified vehicles continued to gain market share, accounting for 23.5% of total registrations, up from less than 11% a year earlier, rising to record registrations of 25.8 thousand fully electric vehicles. Truck sales continued to recover, rising 19.4%, aided by financing incentives under the Move Brasil program, while bus sales remained weak, slowing to 1.9% from 36.7% in the prior month, and down 10.7% so far this year due to delays in the Caminhos da Escola program. Compared with a year earlier, sales jumped 14.9%, marking the strongest monthly performance of 2026 despite the school holiday period. In the first seven months of 2026, total vehicle sales exceeded 1.7 million units, up 17.9% from a year earlier, as sales of electrified models surged 120.8%.