Brazil
Population (2024) 217 million people
GDP national / per capita (2022) US$1.92 trillion / US$8,847
Currency BRL real
Inflation (June 2024) 4.23%
Interest Rate (June 2024) 10.5%
Unemployment (May 2024) 7.1%
Main Industries: Agribusiness, Oil & Gas, Aerospace, Automotive
Vehicle Fleet
National fleet size 72.3 million light vehicles (one in three people)
Vehicles produced (2023) 2.32mn (1.8mn cars & 543,000 commercial vehicles)
New light vehicle registrations (2023) 2.18mn light vehicles (+11.3%) 1.58mn motorcycles (+16.1%)
29,000 trucks & buses (-12%)
Top 5 brands (2023) Light Vehicles (Cars & LCVs)
1. Fiat (475,517 units) +5.7% y-o-y
2. Volkswagen (344,995) +45%
3. General Motors (328,020) +20%
4. Toyota (192,276) +37%
5. Hyundai (186,235) +4%
Cars
1. Volkswagen (290,385 units)
2. Fiat (277,247)
3. General Motors (271,717)
4. Hyundai (186,019)
5. Toyota (146,055)
LCVs 1. Fiat (198,270 units)
2. General Motors (56,303)
3. Volkswagen (54,610)
4. Toyota (46,221)
5. Ford (25,662)
Top 5 models (2023)
Cars
1. VW Polo (111,242 units)
2. GM Onix (102, 043)
3. Hyundai HB20 (88,905)
4. GM Onix Plus (74,887)
5. Fiat Mobi (73,428)
LCVs
1. Fiat Strada (120,600 units)
2. Fiat Toro (51,303)
3. VW Saveiro (46,600)
4. Toyota Hilux (46,200)
5. GM Montana (30,018)
