Story perspectives
Brazil's Carmakers Face Production Shortfall Amid Economic Struggles
12/8/2025
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Story summary
- Brazil's carmakers are set to miss their 2025 production targets due to high borrowing costs and delayed state programs.
- Production fell over 8% year-on-year in November, with truck sales dropping nearly 50%.
- Hybrids and electric vehicles captured 11% of new vehicle sales, reshaping the industry.
- Brazil's GDP is expected to rise 2.25% in 2025, with inflation above target.
- The central bank maintains a 15% policy rate to control inflation.
