The Chevrolet Onix is the most produced car in Brazil in 2023
- Brazil (2.2 million passenger cars and light utility vehicles produced in 2023) fell to eighth place in the world in 2023, behind South Korea and Mexico, but this country remains a country with high potential given its population and (slow) development of its middle class. The three most important carmakers in the country traditionally remain GM, Fiat and Volkswagen.
- The most produced car in Brazil last year remains the Chevrolet Onix launched in 2012 and renewed in 2022. This model, which is also the best-selling model in Latin America in 2023, has held this leading position in Brazil since 2016. It succeeds the Volkswagen Gol which held the leading position for several decades and which has now completely disappeared. The Hyundai HB20, which is its direct competitor, is in second position, followed by the Fiat Strada pick-up. In fourth position, the Volkswagen Polo is not doing as well as the old Gol. Behind, different models are very close one to the other, such as the Renault Kwid, Volkswagen T-Cross, Toyota Corolla Cross, Chevrolet Tracker, Hyundai Creta and Fiat Argo.
- Overall, the Brazilian Top 10 production increasingly look likes the Indian Top 10, with models from A and B segments, addition of small sedans (five models in the Top 10) and small SUVs (four models in the Top 10), illustrating the still relatively low purchasing power of Brazilian customers. The Indian clientele, which comes from afar, has partly caught up with the purchasing power of the Brazilian clientele, at least when we compare the Top 10 of the two countries.
- Like in India, the electric market is nearly inexistent (0.7% of BEVs on the Brazilian market in 2023).