In 2020, motor vehicle sales dropped worldwide, following mobility restrictions amidst the COVID-19 pandemic. Latin American countries were also impacted, although in different levels. In the region's largest vehicle markets, namely Brazil and Mexico, sales decreased by 26.6 and 28.2 percent, respectively, when compared to the previous year. Meanwhile, in Ecuador and Costa Rica, sales of light and heavy motor vehicles declined by more than 35 percent. In contrast, in Uruguay, motor vehicles sales registered a year-over-year drop of 14 percent.
Change in motor vehicle sales in selected countries in Latin America in 2020
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Asociación Latinoamericana de Distribuidores de Automotores. (February 17, 2021). Change in motor vehicle sales in selected countries in Latin America in 2020 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1237117/motor-vehicle-unit-sales-growth-latin-america/
Asociación Latinoamericana de Distribuidores de Automotores. "Change in motor vehicle sales in selected countries in Latin America in 2020." Chart. February 17, 2021. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1237117/motor-vehicle-unit-sales-growth-latin-america/
Asociación Latinoamericana de Distribuidores de Automotores. (2021). Change in motor vehicle sales in selected countries in Latin America in 2020. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1237117/motor-vehicle-unit-sales-growth-latin-america/
Asociación Latinoamericana de Distribuidores de Automotores. "Change in Motor Vehicle Sales in Selected Countries in Latin America in 2020." Statista, Statista Inc., 17 Feb 2021, https://www.statista.com/statistics/1237117/motor-vehicle-unit-sales-growth-latin-america/
Asociación Latinoamericana de Distribuidores de Automotores, Change in motor vehicle sales in selected countries in Latin America in 2020 Statista, https://www.statista.com/statistics/1237117/motor-vehicle-unit-sales-growth-latin-america/ (last visited December 30, 2024)
Change in motor vehicle sales in selected countries in Latin America in 2020 [Graph], Asociación Latinoamericana de Distribuidores de Automotores, February 17, 2021. [Online]. Available: https://www.statista.com/statistics/1237117/motor-vehicle-unit-sales-growth-latin-america/