With China leading 73,3% of imported sales in 2024, the association says that importing cars boosts the local industry, while national manufacturers ask for tax increases to curb the advance of Chinese electric vehicles.
Have you ever heard that China is “dumping” cars in Brazil? Well, the Brazilian Association of Automotive Vehicle Importers and Manufacturers (Abeifa) has come to demystify this idea. According to the entity, the imported vehicle market is not a threat, but rather a bridge to strengthen the automotive industry in Brazil.
The panorama of car imports in Brazil
According to Abeifa, importing vehicles is the first step for major foreign brands to consider setting up factories here. It is like opening the door to a special visitor: they get to know the terrain, make connections and eventually decide to stay.
China has been shining as a protagonist in the Brazilian automotive sector, especially with the rise of BYD. The Chinese brand has already captured 73,3% of imported sales in 2024, making it clear that consumers Brazilians are watching in the innovations that come from the other side of the world.
- Fiat's car has a surprising price and could shake up the automotive market if it were launched in Brazil! In Europe, it costs just 7,5 thousand euros, around R$40 thousand
- 'Remote fine': agents now use cameras and AI to fine Brazilian drivers
- Will drivers have to take new exams to renew their driver's license? News that the driver's license has changed and now requires two exams is spreading across the internet, but it's fake!
- Hyundai confirms Kona Hybrid in Brazil! Hybrid SUV arrives in April with a modern look to compete in the market with Corolla Cross and Song Pro before the electric version
The significant growth in sales of imported goods from China
With China’s BYD leading the way in sales, 2024 was a boom year for imported vehicles. The 141% growth in the segment proves that there is room for foreign brands, especially when it comes to electric and hybrid cars.
Even with the possibility of an increase in import taxes, the expectation is that sales of imported vehicles will grow 24% in 2025. It seems that the market is far from slowing down.
The other side of the coin: concerns of the national industry
According to Bloomberg Línea, on the local industry side, the National Association of Automobile Manufacturers (Anfavea) is concerned. They see Chinese cars, especially electric ones, as a threat to market balance.
Anfavea suggests that Brazil bring forward the increase in import tax to 35% on electrified vehicles. This would be a way to balance the game and prevent the country from becoming the preferred destination for cars from markets with higher barriers.
What does this mean for the Brazilian consumer?
For those thinking about buying a new car, the increased supply of imported vehicles means more options. But with higher taxes, will prices remain competitive?
On the other hand, brands like BYD are bringing innovations that get consumers excited. Electric cars, modern design and advanced technologies are attractions that are hard to ignore.
Chinese factories are a plague on the world.
They are like locusts that prey on everything until there is nothing left.
Brazil keeps shouting to the four corners of the world that the Ching Lings are its biggest trading partners, but they only buy ore and soybeans.
I do not buy products from Chinese brands, do not confuse them with products made in China.
Most of the population has not yet woken up to new technologies, but the
Brazil still does not have sufficient structure
For now, Chinese hybrids make the cars we know look like carts. Please don't compare them to million-dollar cars.
The FIPE table is absurd, used cars that are 30 years old are sold for more than they initially cost when new! Just one example, the 30-year-old Fiorino costs 30.000.00. The formula is wrong because we can't care even if it's 10 years old! And why is there market manipulation to force us to buy new?