From the Newsroom
São Paulo – Vehicle exports from Brazil were up 7.6% year-on-year in the first quarter of 2021, the National Motor Vehicle Manufacturers Association (Anfavea) reported this Wednesday (7).
Q1 saw 95,800 units shipped from Brazil, including light vehicles, trucks and buses. Light vehicles accounted for the near-entirety of exports at 89,600 units. Foreign sales also included 5,200 trucks and 845 buses.
A total of 597,800 vehicles were made in Brazil during Q1; output in March was 197,000 units, the highest monthly result so far this year. Q1 output was up 2%, with trucks and light commercial vehicles driving the result.
Domestic sales were “frustrating,” Anfavea said: 527,900 units were sold, down 5.4% year-on-year and down 23% quarter-on-quarter, raising concerns and bringing an industry rebound to a halt.
Translated by Gabriel Pomerancblum