Car production in Brazil increased 29.9 percent month-over-month to 257 thousand units in February 2019, after an upwardly revised 11.6 percent gain in the previous month. Output rose for light vehicles (29.4 percent to 245 thousand); buses (31.6 percent to 5.53 thousand) and trucks (41.4 percent to 9.63 thousand). Year-on-year, auto production advanced 20.5 percent. Car Production in Brazil averaged 109534.33 Units from 1957 until 2019, reaching an all time high of 352531 Units in April of 2013 and a record low of 2144 Units in February of 1957.
Car Production in Brazil is expected to be 4.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Car Production in Brazil to stand at 255000.00 in 12 months time. In the long-term, the Brazil Car Production is projected to trend around 265000.00 Units in 2020, according to our econometric models.