By Alzira Rodrigues | Translated by Jorge Meditsch

The Brazilian automotive industry produced 152.7 thousand vehicles in January, 5% more than in the same month last year. Nonetheless, Anfavea’s president, Márcio de Lima Leite, did not celebrate the positive result. He made a point to emphasize this result is lower than the one obtained in the same month before the pandemic and even lower than in 2021.

“The year began a bit cold for the automotive sector”, asserted the association in its note about January’s production and sales balance, which includes automobiles, light commercial vehicles, trucks and buses.

Leite recalled the beginning of 2022 was marked by the peak of the semiconductors crisis and infection cases by the Omicron variant. The production at the time was quite lower than ideal, so the interannual comparison is distorted.

Nonetheless, he admitted that the end-of-the-year collective vacations, including some days in January, can explain the timid growth. “The first month’s numbers are especially low if we consider that, before the pandemic, we used to produce close to 200 thousand units in January”.

Regarding the internal market, which had 142.9 thousand sales last month, a 12.9% growth, Anfavea’s president also recalls January 2022’s limitations. “If not for the lack of chips, sales could have improved by 20 thousand units at the time, and we would be now talking about stability”.

“The problem of the automotive sector in January was related more to demand than to offer. The year is beginning with a decelerated automotive market due to the growing credit difficulties and the uncertainty about the economic performance nationally and globally”, pondered Lima Leite.

The executive considered positive the declarations made the day before by President Luiz Inácio Lula da Silva at the investiture of Aloisio Mercadante as president of the BNDES (National Economic and Social Development Bank).

 

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