Brazilian car production to increase 9.4% in 2022 – association of car manufacturers

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SAO PAULO, Jan. 7 (Reuters) – The production of the Brazilian auto industry is expected to increase 9.4% in 2022 compared to the previous year, as it continues to recover from the 32% decline recorded in 2020 in the midst of the COVID-19 pandemic, according to the association of automakers Anfavea said Friday.

Brazil is expected to produce 2.46 million vehicles this year, according to Anfavea. In 2021, the country’s auto production stood at 2.25 million units, up 11.6% from the previous year.

Anfavea also said auto sales in Brazil are expected to grow 8.5 percent in 2022 to 2.3 million units, after posting a 3 percent year-on-year increase to 2.12 million units in 2021.

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Annual figures for 2021, also released by Anfavea on Friday, came after a production increase of 2.5% in December from November, to 210,900 units. Compared with December 2020, monthly production increased by 0.8%.

Auto sales in the last month of 2021 reached 207,100 units, up 19.7% from the previous month but down 15.1% from the same month a year earlier.

Anfavea also said that Brazil exported 376,000 vehicles in 2021, up from 324,000 in 2020. This figure is expected to increase 3.6% this year, to 390,000 units, he added.

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Reporting by Alberto Alerigi Jr.; Writing by Gabriel Araujo; Editing by John Stonestreet, Jan Harvey and Jonathan Oatis

Our Standards: Thomson Reuters Trust Principles.


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