New vehicle registrations in Brazil grew 8.4 percent over a month earlier to 206 thousand units in December 2019, after a 4.4 percent decrease in the previous month. Meantime, exports of vehicles tumbled 8.6 percent to 29 thousand units. Year-on-year, new vehicle registrations rose 12 percent while exports decreased 8.5 percent. Considering the full year of 2019, new car registrations grew 8.6 percent to 2.79 million units while exports fell 31.9 percent to 428 thousand units.
Car Registrations in Brazil averaged 106.35 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. This page provides the latest reported value for - Brazil New Vehicle Registrations - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: ANFAVEA, Brazil
Car Registrations in Brazil is expected to be 225.00 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 240.00 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.