FX.co ★ Brazil Vehicle Output Drops in October

Brazil’s vehicle production fell 5.1% month-over-month in October 2026 to 254.5 thousand units, the lowest level since July, following a 1.1% decline in September. Light vehicle output dropped 5.3% to 241.7 thousand units, as passenger car production decreased 3.6% to 201.5 thousand units and light commercial vehicle output slumped 13% to 40.2 thousand units. Truck production edged down 1.9% to 11.4 thousand units, while bus output was virtually unchanged at 1.4 thousand units.

Compared with October 2025, overall vehicle production increased 2.7%. Gains in passenger cars (+9%) and trucks (+12.2%) more than offset steep declines in light commercial vehicles (-20.6%) and buses (-33.4%).

Over the first ten months of 2026, total output rose 8% from the same period in 2025, reaching about 2.42 million units. Nevertheless, the sector continued to face external headwinds: exports plunged 28.3% year-on-year in October, while registrations of imported vehicles surged 22.3%.