President Luiz Inácio Lula da Silva (PT) said this Wednesday, 22nd, during a meeting with representatives from Stellantis, that Brazil will "return to registering 3 million vehicles" in 2026, after having sold just 1.6 million cars in 2023, the first year of his third term. He recalled that, in 2012, vehicle registrations reached 3.8 million.
Lula says Brazil will register 3 million cars again in 2026
President Luiz Inácio Lula da Silva (PT) said this Wednesday, 22nd, during a meeting with representatives from Stellantis, that Brazil will "return to registering 3 million vehicles" in 2026, after having sold just 1.6...
Lula argued that the increase in sales is due to the confidence created by the government, which enabled the expansion of private sector investments, in addition to the granting of credit so that Brazilians "can buy more cars." "We have an obligation to work to create the conditions you need to have economic, fiscal and legal tranquility," said the president.
The PT member also said that he wants to increase Brazil's car export capacity to Latin America and Africa. "These are two very important and promising markets. We are willing to work together with you to find out what the difficulties are and what we can contribute so that you can sell more cars again," Lula told Stellantis representatives.
This story was originally published by Noticias ao Minuto - Economia. Visit the original publication for further details.
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