In July, vehicle registrations in Brazil grew by 18.93% with respect to July of 2011. In total, 364,196 cars were registered and 3,670,912 new cars were sold in the last twelve months, 0.15% less than the year before.
The breakdown of car sales figures for the month of July is:
- Commercial vehicles sold: 82,776, 0.95% less than in July of 2011.
- Passenger cars regitrations: 281,420, which represents a figure of 26.39% more than in July of 2011.
Brazil is among the ten countries where the greatest number of cars have been registered in the last year, in ranking of 135 countries based on number of vehicle registrations.
A very useful variable for estimating the level of economic wealth enjoyed by Brazilians residents, when compared to the other countries in the ranking, is the number of vehicles sold or registered per thousand residents in the last year. With annual sales of 18.67 cars per 1,000 residents, 1.85 of them in the last month, Brazil, occupies 37th place in the ranking.
As can be seen, the number of registrations per thousand residents has grown in the last year. The increase in this figure is positive, as it generally indicates improved public confidence in the country's economy.
Here we show you the progression of vehicle registrations in Brazil. You can see car registrations in other countries in en vehicle registrations and see all the economic information about Brazil in en Brazilian economy.