Brazil’s Automotive Sector Sees Growth in February 2025
In February 2025, Brazil’s auto production rose by 23.8% to 217,631 units, while sales increased by 8% to 184,960 units. Renault reported significant vehicle sales in 2024 and operates 34 industrial sites globally, with a diversified net sales breakdown across geographical regions.
Brazil has witnessed a notable increase in its automotive sector, with auto production climbing by 23.8% in February compared to the previous month. The total production reached 217,631 units, as reported by the automakers’ association Anfavea. In parallel, auto sales in Brazil surged by 8%, amounting to 184,960 units during the same month.
Renault remains a prominent player in the global automobile manufacturing industry. In 2024, the company reported that its vehicle sales accounted for 89.9% of its net sales, totaling 2,264,815 vehicles sold. These include various brands, with Renault itself comprising 1,577,351 units, while Dacia, Renault Korea Motors, and Alpine contributed smaller numbers.
Additionally, the group generated 10.2% of its revenue from services, such as financing for vehicles, maintenance, warranty extensions, and mobility services. As of the end of 2024, Renault operated 34 industrial facilities around the world, signifying its extensive manufacturing capabilities.
Geographically, Renault’s net sales distribution highlights their market reach: 29.9% in France, 49.8% in Europe, 8.3% in the Americas, 5.1% in Eurasia, 3.9% in Asia/Pacific, and 3% in Africa and the Middle East. This diverse geographic presence underscores the company’s global engagement and commitment to the automotive market.
In summary, Brazil’s automotive sector is experiencing substantial growth, with production and sales both increasing significantly in February 2025. Additionally, Renault’s ongoing success is characterized by strong vehicle sales and a diverse global footprint, supported by various services related to its core automotive operations.
Original Source: www.marketscreener.com
