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[BUSINESS] · Brazil · 19 sources

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Brazil July vehicle registrations rise 10% as electric sales surge

In July 2026 Brazil recorded 504,574 vehicle registrations, up 10.17% year‑on‑year and 3.31% month‑on‑month, making it the third‑best July on record according to the Federação Nacional da Distribuição de Veículos Automotores (Fenabrave). The growth spanned passenger cars, light commercial vehicles, trucks, buses, motorcycles and related equipment.

The increase was driven by government incentives. The Carro Sustentável programme, which lowered IPI rates for lighter, more efficient models, lifted sales of eligible vehicles by about 29.4% versus the pre‑programme period. The Move Brasil credit scheme also helped revive truck sales, which rose 18.9% from June and 7.2% year‑on‑year.

Electric vehicles continued their rapid expansion. GAC sold 1,416 fully electric units in July, a 33.8% jump from June, placing the Chinese maker third among BEV manufacturers with a 5.51% market share. BYD remained the leader, with the Dolphin Mini model delivering 7,265 units. Overall, 167,444 electric vehicles were sold in 2026, representing 15.2% of light‑vehicle sales.

Fenabrave’s president Arcelio Junior highlighted the combined effect of credit availability, incentive programmes and strong competition among brands as the main factors behind the robust market performance.

Entities

Arcelio Junior · BYD · Brazil · Brazil vehicle market · Carro Sustentável program · Fenabrave · Ford Motor Company · Ford Ranger · GAC Group · Move Brasil program

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