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[BUSINESS] · Brazil · 3 sources

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Brazil automotive market sees demand for low-maintenance vehicles

In the Brazilian automotive market, rising costs for fuel, insurance, and living expenses have driven consumers to prioritize vehicles known for durability and low maintenance costs.

Several models have established strong reputations for reliability and ease of repair. The Volkswagen Gol, despite being discontinued in late 2022, remains highly sought after in the used car segment due to its simple mechanics and widespread availability of parts and specialized labor. The Hyundai HB20 is noted for its reliability, featuring a five-year factory warranty and fixed-price service intervals.

Other prominent models include the Honda Fit, which maintains high value in the pre-owned market due to its engine durability, and the Toyota Corolla, a benchmark for durability in the medium sedan segment. The Fiat Strada, a sales leader in Brazil, is recognized for its robust suspension designed for heavy loads and irregular terrain, making it a preferred choice for professional use.

Entities

Fiat · Honda · Hyundai · Toyota · Volkswagen

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