Car production increased in Brazil in October

According to Anfavea, car production in Brazil reached 247,800 units (cars, trucks and buses) against 243,400 units in September.

Domestic sales increased by 7.2 percent to 260,700 units, while exports decreased by 22.7 percent to reach 40,600 units.

When compared to October 2024, production in October 2025 showed a slight decline of 0.5 percent, sales in the domestic market decreased by 1.6 percent, and exports decreased by 6.8 percent.

Taking into account the first ten months of the year, production increased by 5.2 percent to 2.234 million units, domestic sales increased by 2.2 percent to 2.171 million units, and exports increased by 43.8 percent to 471,400 units.

Two months before the end of the year, Anfavea continues to forecast a 7.8 percent increase in total production in 2025 compared to 2024, reaching 2.749 million units. Domestic sales are expected to grow 5.0 percent to 2.765 million units, while exports are expected to grow 38.4 percent to 552,000 units.

According to Igor Calvet, president of Anfavea, Brazil's automotive industry continues to suffer from high interest rates, especially in the truck segment.

The Central Bank of Brazil maintains the base interest rate at 15 percent, with a real rate of more than 10 percent (excluding inflation), which is one of the highest rates in the world