2026.11.1115:49:37UTC+00Brazil Vehicle Sales Retreat in October

Brazil’s new-vehicle sales declined 5.6% month over month in October 2026, to 265,500 units—the lowest level since April—after a 2.3% increase in September. Passenger-car sales fell 4.8% to 206,100 units, and light commercial vehicles dropped 8.3% to 47,800. Truck sales decreased 3.1% to 9,900 units, while bus sales slumped 29.1% to 1,700 units.

Average daily sales slipped to 12,600 units in October from 13,400 in September, but remained 11.5% higher than a year earlier. Overall, total sales were up 1.8% year on year. Over the first ten months of 2026, sales reached 2.52 million units, an increase of 16.1% compared with the same period a year earlier.

This performance was supported by the Carro Sustentável program, whose eligible models accounted for 412,800 units, up 22.3%, and by strong growth in electrified vehicles. Sales of electrified models surged 125.7% to 495,700 units, raising their share of light-vehicle sales to 20.5%, from 10.7% a year earlier.

Imports continued to rise, increasing 22.3% in October. Chinese models have now recorded twice as many registrations as Argentine models so far this year.