In March, vehicle sales registered a drop of 5.6% compared to March 2023. There were 187.7 thousand registered units, including passenger cars, light utility vehicles, trucks and buses.
In comparison with February, the month of March registered an increase of 13.6% in vehicle sales. The balance was released this Wednesday (3) by Fenabrave, the association that represents the concessionaires.
In the first quarter of this year, the number of vehicles sold was 514.5 thousand, an increase of 9.1% compared to the same period in 2023.
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Motorcycle performance
Motorcycle sales grew by 4.6% in March, compared to the same month last year. In total, 152.67 thousand motorcycles were sold last month, according to data from Fenabrave. Compared to February, sales grew 12%.
In the first quarter of this year, 432,288 thousand motorcycles were sold in Brazilgrowth of 21% compared to the same period in 2023.
The number exceeds sales of passenger cars by 14.7%, which totaled 376,691 thousand units between January and March.