Brazil
Population (2024) 217 million people
GDP national / per capita (2022) US$1.92 trillion / US$8,847
Currency BRL real
Inflation (Dec 2023) 4.62%
Interest Rate (Dec 2023) 11.25%
Unemployment (Nov 2023) 7.5%
Main Industries: Agribusiness, Oil & Gas, Aerospace, Automotive
Vehicle Fleet
National fleet size 72.3 million light vehicles (one in three people)
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)
