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Brazil’s semi-new truck sales soared in Q1 this year, driven by commodity producer buyers

RIO DE JANEIRO, BRAZIL - In 2021, truck sellers in Brazil experienced a "V-shaped recovery" in terms of sales numbers. According to ANFAVEA (Brazilian Association of Vehicle Manufacturers) data, between January and April this year, 35,862 trucks were licensed, up 48% compared to the same period in 2020 -- and 19.5% compared to the period from January to April 2019.

According to automakers, the reasons for the increase involve the combination of record harvests and a high dollar, in addition to low interest rates, which prompted the renewal of fleets.

This growth masks a joint concern of automakers: the . . .

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