Brazil
Population (2024) 217 million people
GDP national / per capita (2022) US$1.92 trillion / US$8,847 (non PPP)
Currency BRL real
Inflation (Nov 2024) 4.87%
Interest Rate (Apr 2024) 9.29%
Unemployment (Oct 2024) 6.1%
Main Industries: Agribusiness, Oil & Gas, Aerospace, Automotive
Vehicle Fleet
National fleet size (2023)
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 (2024)
2.48mn light vehicles (+14%)
1.88mn motorcycles (18.6%)
149,774 trucks & buses (+14.2%)
Top 5 brands (2024)
Light Vehicles (Cars & LCVs)
1. Fiat
(521,282 units) +9.6% y-o-y
2. Volkswagen (400,414) +16%
3. General Motors (314,956) -4.1%
4. Hyundai (206,029) +11%
5. Toyota (203,793) +6%
Cars
1. Volkswagen (336,041 units) +15.7% y-o-y
2. Fiat (290,287) +4.7%
3. General Motors (258,543) -5.1%
4. Hyundai (204,218) +9.8%
5. Toyota (153,774) +5.3%
LCVs
1. Fiat (230,995 units) +16.5% y-o-y
2. General Motors (56,413) +.02%
3. Volkswagen (64,373) +17.9%
4. Toyota (50,019) +8.2%
5. Ford (39,477) +5.4%
Top 5 models (2024)
Cars
1. VW Polo (140,177 units) +26% y-o-y
2. GM Onix (97,503) -4.7%
3. Hyundai HB20 (97,079) +9.2%
4. Fiat Argo (91,139) +3.7%
5. VW T Cross (83,990) +16%
LCVs
1. Fiat Strada (144.684 units) +20% y-o-y
2. Volkswagen Saveiro (56,984) +2.2%
3. Fiat Toro (53,856) +5%
4. Toyota Hilux (50,010) +8.2%
5. Ford Ranger (31,860) +57%
