Automotive industry in Brazil
Overview of the automotive industry in Brazil / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Automobile industry in Brazil?
Summarize this article for a 10 year old
The Brazilian automotive industry is coordinated by the Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), created in 1956, which includes automakers (cars, light vehicles, trucks, buses and agriculture machines) with factories in Brazil. Anfavea is part of the Organisation Internationale des Constructeurs d'Automobiles (OICA), based in Paris. In 2021, the annual production exceeded 2.2 million vehicles, the 8th largest in the world.[1]
Most large global automotive companies are present in Brazil, such as: BMW, BYD, Chery, Fiat, Ford, Geely, General Motors, Honda, Hyundai, JAC Motors, Kia, Land Rover, Lexus, Lifan, Mercedes-Benz, Mitsubishi, Nissan Motors, Renault, Stellantis, Subaru, Toyota, Volkswagen, Volvo Trucks, among others, as well as national companies such as Agrale, Marcopolo, Randon, and more. In the past there were national brands such as DKW Vemag, FNM, Gurgel, and Troller. Some traditionally produced modern equipped replicas of older models.