The Brazilian market is up 12.1% over the first half of 2019
- Unlike Argentina, Brazil continues to grow in the automotive market, which translates into a 12.1% increase in registrations (PC+LCV) over the first half of 2019, to 1.3 million units, whereas this market had already grown by 14.6% in 2018 compared to 2017, and by 9.5% in 2017 compared to 2016.
- Brazil is the only major car-producing country to make progress in 2019, as the other major countries registrations are falling. The reason for Brazil's good performance is that it is catching up, after reaching a record 3.8 million sales in 2012, which preceded a drop in sales between 2013 and 2016 ( in which year a volume of 2.5 million sales was recorded).
- The question is whether Brazil will continue to catch up and make further progress until the end of the year, or whether it will suffer the negative consequences of weak global economic growth, like the other world markets.
- Most automakers sales increased in the first half of 2019. The strongest increases were recorded by the Chinese OEMs Geely (+41.7%) and Chery (+284.1%) but all the Chinese manufacturers together do not exceed 1% of the Brazilian market. The top four manufacturers are maintaining their position. FCA (+18.7%) still leads over GM (+16.6%), Volkswagen (+14.9%) and Renault-Nissan (+11.6%). These four manufacturers account for 63% of Brazil's registrations.
- SUVs make up only 20% of the Brazilian market, while sedans are still at 61%.
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