Automotive

Anfavea reports sales of 10 thousand cars per day; exports drop

May, 09, 2024 Posted by Gabriel Malheiros

Week 202418

The Brazilian car market has shown positive signs over the past four months, as demonstrated by Márcio de Lima Leite, President of Anfavea, while presenting the sector’s performance from January to April. According to Leite, the daily average of car sales reached 10,038 units, a notable increase from last year’s average of 7,925 units.

Speaking directly from Shanghai, China, where he attended the Beijing Motor Show and met with leading automakers eyeing the Brazilian market, Marcio Lima Leite highlighted that the average daily sales exceeding 10 thousand cars mark a substantial 13.6% surge compared to the same period last year.

The President of the National Association of Motor Vehicle Manufacturers also noted a notable uptick in production and sales figures. Vehicle production in April reached 222 thousand units, marking a 13.5% increase from April last year, with the cumulative total now standing at 760 thousand units, up by 6.3% compared to 2023.

Domestic sales witnessed a significant rise, reaching 221 thousand units, a notable 17.6% increase compared to April last year. Lima Leite emphasized that out of this volume, 10,000 units comprised hybrid and electric cars imported from China, a country that witnessed a staggering 633% surge in Brazilian vehicle imports from January to April.

China has emerged as the second-largest source of cars in Brazil, with 34,500 units and a 27% share. Argentina retains its leading position with 56,500 units and a 45% share, maintaining the same level as before. Mexico follows closely with 14,400 units (+83%) and an 11% share, trailed by Germany with 7,400 vehicles (+1%) and a 6% share. In total, Brazil imported 126,500 light and heavy vehicles this year, marking a remarkable 43% increase from the 88,100 registered from January to April last year.

Decline in Exports

Despite the optimistic figures in April, Anfavea expressed concerns over exports, which plummeted to 27 thousand units in April, marking a significant 26.4% decline compared to the same month last year. Overall, the volume of vehicles exported totaled 110 thousand units, representing a 26% decrease.

Márcio de Lima Leite attributed the drop to operational issues in two federal bodies: Mapa (Ministry of Agriculture and Livestock) and Ibama (Brazilian Institute of the Environment and Renewable Natural Resources).

The export decline, as reported by Anfavea, was not only impacted by the strikes at Mapa and Ibama but also affected imports, with 47 thousand vehicles awaiting release. The processing delay stands at 8 days in Mapa and 20 days in Ibama.

Source: Terra

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