FX.co ★ Brazil Auto Sales Plunge 39% in January After Year-End Surge

Brazil’s auto market saw a sharp reversal at the start of 2026, with vehicle sales dropping 39.0% month-over-month in January 2026, according to data updated on 6 February 2026. The decline follows a strong 17.1% month-on-month increase recorded in December 2025, highlighting a pronounced swing in demand around the turn of the year.

The figures, based on a month-over-month comparison, show that while December’s auto sales benefited from a notable upswing versus November 2025, that momentum not only faded but reversed significantly heading into January. The latest reading suggests that the year-end boost in Brazil’s auto sector was not sustained into the new year, pointing to a weaker start for the industry in 2026.