Car production in Brazil tumbled 25 percent month-over-month to 171 thousand units in December 2019, following a 21.2 percent decline in the previous month. Year-on-year, auto production fell 3.9 percent. Considering the full year of 2019, car production went up 2.3 percent to 2.94 million units.
Car Production in Brazil averaged 111620.56 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. This page provides - Brazil Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: ANFAVEA, Brazil
Car Production in Brazil is expected to be 260000.00 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 265000.00 in 12 months time. In the long-term, the Brazil Car Production is projected to trend around 270000.00 Units in 2020, according to our econometric models.