Brazil Auto Output, Sales and Exports Slide in November as Anfavea Concedes 2025 Goal Will Be Missed

Overview

• November production fell 11.6% from October to 219,100 vehicles, with domestic registrations down 8.5% to 238,600 and exports off roughly 12% to 35,700, according to Anfavea.
• Year to date through November, output reached about 2.4–2.45 million units, up 4.1% from 2024 but short of the roughly 7.8% growth projected in August.
• Truck activity deteriorated for a fourth straight month, with a 45.7% drop in November, while bus registrations rose 11.8% even as bus production fell 37.9%.
• Electrified models expanded their footprint, with hybrid and electric sales up 57.7% this year to nearly 11% of the market and Chinese imports taking a 7% share of light vehicles in November.
• Exports cooled in November amid slower orders from Argentina, but the year‑to‑date total climbed to 510,100 vehicles and US$12.94 billion in revenue, gains of 37.9% and 27.9% respectively.