Brazil May Produce 96,000 New Trucks, Buses This Year, an Industrial Info Market Brief

Brazil May Produce 96,000 New Trucks, Buses This Year, an Industrial Info Market Brief

Brazil May Produce 96,000 New Trucks, Buses This Year, an Industrial Info Market Brief

Brazil is forecast to produce 96,000 new trucks and buses this year, a reduction from 2019, due to market conditions generated by the COVID-19 pandemic.

However, that number could rise to 133,000 new trucks and buses in 2021, according to Brazilian consultancy PSR. The forecast also calls for the sale of 117,000 heavy vehicles next year.

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