South American Passenger Car Sales for 2021
Brazil’s car market, the largest in South America, has been gradually recovering from the challenges faced during the COVID-19 pandemic. Economic stimulus measures, such as government incentives and low-interest rates, have played a role in boosting consumer demand and car sales. However, fluctuations in economic conditions, supply chain disruptions, and global semiconductor shortages may have affected the market’s performance.
Argentina’s car market has faced ongoing challenges, including economic instability and high inflation. These factors can impact consumer purchasing power and limit car sales. Government policies, such as tax incentives and financing programs, have been implemented to stimulate the automotive sector. However, economic conditions and policy changes can influence the market’s performance. The Chilean car market has shown resilience despite the challenges posed by the COVID-19 pandemic. Economic stability, increasing consumer purchasing power, and government initiatives to support the automotive sector have played a role in driving car sales. The importation of used cars has been prevalent, providing consumers with a wider range of options.
Colombia’s car sales market has also demonstrated resilience during challenging times. Economic stability, improving consumer confidence, and government support have contributed to the market’s growth. Availability of financing options and a diverse range of car models have also played a role in driving car sales. Other countries in South America, such as Peru, Venezuela, and Ecuador, have experienced varying situations in their car sales markets. Economic conditions, political stability, government policies, and consumer preferences can all influence the sales figures in these countries.
Please note that the specific sales figures, market shares, and rankings for each country in South America in 2021 would require access to detailed data and industry reports, which may not be available at the time of this response. It’s always best to refer to the latest official reports and market analyses for the most accurate and up-to-date information on car sales in South America.
The indicator estimates the number of new passenger car registrations and sales that took place within a country in a year. Passenger cars are road motor vehicles, other than a motor cycle, intended for the carriage of passengers and designed to seat no more than nine persons (including the driver).
List of South American Countries by Motor Vehicle Production for 2021
The average for 2021 based on 6 South American countries was 417,204 new passenger cars sold. The highest value was in Brazil: 1,558,467 passenger cars and the lowest value was in Ecuador: 86,740 passenger cars. Total South America region passenger car sales hit 2,503,221 units produced.
- Total Car Sales for 2021: 2,503,221 – for all of South America
- Top Ranked Country Sales: 1,558,467 – Brazil
- Lowest Ranked Country Sales: 86,740 – Ecuador
- Average Country Sales: 417,203.5
- Number of Countries in Analysis: 6
It’s important to note that specific sales figures and rankings may vary slightly depending on the source, as data can differ between different market research firms and organizations. For this analysis, we have used OICA data.
| Countries | Sales Units | Rank | Growth |
|---|---|---|---|
| Brazil | 1,558,467 | 1 | -3.56 |
| Chile | 304,045 | 2 | 56.62 |
| Argentina | 241,619 | 3 | 8.14 |
| Colombia | 200,914 | 4 | 135.59 |
| Peru | 111,436 | 5 | 36.74 |
| Ecuador | 86,740 | 6 | 40.48 |
2021 South America Region Passenger Car Sales Chart
This visual tree-chart shows the relative size of the South American car market and how each country fairs in terms of market share size.
Top South American Car Markets Ranked for 2021
Source: OICA
