South America New Cars Market to 2027

Key Highlights

• The market for new cars consists of the retail sales/registrations of new passenger cars. Passenger cars include saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles.
• Brazil captured the largest share of 41.7% in the South American new cars market, in 2022.
• The South American new cars market had total revenues of $105.2 billion in 2022, representing a negative compound annual growth rate (CAGR) of 8.3% between 2017 and 2022.
• Market consumption volumes declined with a negative CAGR of 7.1% between 2017 and 2022, to reach a total of 2,447.9 thousand units in 2022.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in South America
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in South America
• Leading company profiles reveal details of key new cars market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the South America new cars market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the South America new cars market by value in 2022?
• What will be the size of the South America new cars market in 2027?
• What factors are affecting the strength of competition in the South America new cars market?
• How has the market performed over the last five years?
• What are the main segments that make up South America's new cars market?