Brazilian vehicle sales reached 277,843 units in April, some 18.5% ahead of last year according to Brazil’s automotive trade association, Anfavea.

The April gain comes in spite of the expiration of a tax break at the end of March and local observers say it reflects a strengthening Brazilian economy.

“Because of a strong economy, we are maintaining our projection for record sales in 2010,” said Anfavea President Cledorvino Belini at a news conference. The association’s standing forecast for 2010 sales is 3.4 million vehicles, up more than 8% from 2009.

In the first four months of the year vehicle sales reached 1,065,080 units, 18.5% ahead of last year.

Car sales in April were 207,959 units, 13.1% ahead of last year. Car sales in the first four months of the year reached 810,358 units, 13.9% up on the same period of last year.

Anfavea also said that Brazil’s exports of vehicles (CBU and CKD) grew by 78% year-on-year in the first four months to 217,779 units.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now