Panel SA: Almost 60% of used cars sold since February are automatic

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A survey carried out by Karvi, a used car marketplace, points out that almost 60% of the vehicles sold by the company between February and June are automatic.

The estimate is that the share of automatics in the Brazilian car market will be 70% from 2028, according to the consultancy S&P Global.

In 2012, less than 15% of vehicles sold in Brazil had some type of exchange.

According to Matías Fernández Barrios, co-founder and CEO of Karvi, consumers are prioritizing comfort, especially in urban spaces.

Joana Cunha with Paulo Ricardo Martins and Gilmara Santos

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