In the first semester, both cars and utilitarian and auto parts purchases grew significantly. Local production rose to a lesser magnitude, and even began to give in June.
The automotive industry exchange deficit reached an eight -year record In the first semester, in real terms. It happened in front of the import boom that crossed all segments in the sector, due to the commercial opening combo plus exchange appreciation.
This was reflected by a consultant’s report ANALYTICS titled “More sales, more imported: the new automotive market cycle”. According to the work, the deficit in the commercial exchange of cars shot 195.2% in the first half of the year, against the same period of 2024, to be in the US $ 1,896 millionmaximum since 2018. If that is added the trade of utility, auto parts, services and commercial debt, “red” amounts to U $ S5.290 millionthe highest value since 2017.
The entity explained that, although it is a structurally deficit sector, the negative balance was significantly deepened this year. In the car segment, imports grew well above exports (+132.5% vs. 34.8%).
Also, in the utility segment, it usually exceeds due to the export of pick-ups developed in the country, purchases abroad also increased much more than sales ( +110.2% vs. +6.2%). For its part, The auto parts deficit was the second largest of the last decade, only surpassed by the data of 2023.
Imports gain land on local car production
As a result of this dynamic, the content imported by order manufactured reached its third highest value of the last ten years, while The participation of imports on the total of patented vehicles climbed 68.9% in the first semester, from 51.7% of 2024.
“While imported growth is very accelerated, participation is closer to the historical relationship Of a segment where, in general, it exceeded 60%, except between 2022 and early 2024, when import restrictions limited their presence, “said Analytica.
Image
This advance of imports was reflected in a Greater participation in the local market for models not manufactured in the country, such as Toyota Yaris, Volkswagen Polo or Chevrolet Onixto the detriment, for example, of the Fiat Cronos and the Peugeot 208.
On the other hand, although most of the imported cars come from Brazil, a much higher increase in purchases of Chinese vehicles.
Regarding local productionthe first semester also threw a positive annual variation, although of magnitude much more limited than that of imports. In addition, the last two data (June and July) showed monthly falls, which awakens a certain feeling of stagnation in the sector.
On the demand side, the aforementioned report stressed that the strong expansion of the PREDIAN CREDITS He enabled a higher level of patents versus 2024, although he warned that such growth is running out of high interest rates and salary stagnation.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
