Brazil New Vehicle Sales Hit Record September, Up 8.3% YoY

Brazilian new vehicle registrations reached 509,686 units in September, a record for the month, up 1.15% MoM and 8.32% YoY, per Fenabrave. Year-to-date sales are up nearly 15%, signaling robust consumer demand and economic momentum. The data suggests continued growth in Brazil's auto sector, though sustainability depends on interest rates and credit conditions.