en.Wedoany.com Reported - In May, a total of 264,043 cars and light commercial vehicles were registered in Brazil, a 23% increase year-on-year and an 11% rise month-on-month. Data released by the Brazilian Automotive Dealers Association (Fenabrave) shows that the segment grew by 18.2% in the first five months of this year. Market growth may benefit from the newly launched "Move Brasil Táxi e Aplicativos" program, which will provide 30 billion reais in financing for taxi and ride-hailing drivers to purchase vehicles.

Car registrations in May reached 214,300 units, compared to 187,300 in April and 167,500 in May last year. Cumulative registrations in the first five months of this year totaled 873,600 units, up from 719,400 units in the same period of 2025. For light commercial vehicles, registrations in May stood at 49,700 units, roughly flat compared to 49,900 units in April but higher than the 46,900 units recorded in May 2025. Cumulative registrations from January to May reached 225,100 units, compared to 210,000 units in the same period last year.

Arcélio Júnior, President of Fenabrave, stated that these segments remain one of the main drivers of market growth; despite sensitivity to interest rates, demand and consumption renewal persist. The "Carro Sustentável" (Sustainable Car) program, new vehicle launches, and brand promotional activities have also positively impacted the market. With the launch of the "Move Brasil Táxi e Aplicativos" program, the market is expected to further heat up in the coming months, thereby raising sales expectations for 2026.

In addition to expectations for the "Move Brasil" program, Fenabrave also highlighted the effectiveness of the "Carro Sustentável" (Sustainable Car) program. According to the entity's data, since the program was implemented in July 2025, sales of eligible models have been 31.4% higher than before its implementation.

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