The motorcycle market in Brazil is one of the largest in the world, with 1,581,526 motorcycles sold in 2023 and a thriving automotive industry.
+ Here are the 10 best-selling City motorcycles until November 2023.
In 2023, some manufacturers stood out on the national stage, leading the motorcycle market based on the quantity produced.
Here are the 10 largest motorcycle manufacturers in Brazil in 2023, according to Fenabrave’s data:
1 – HONDA
Quantity Produced: 1,146,189 units
Market Share: 72.47%
Honda continues to lead the motorcycle market in Brazil, producing an impressive number of motorcycles and maintaining a significant market share.
2 – YAMAHA
Quantity Produced: 284,217 units
Market Share: 17.97%
Yamaha remains the second-largest motorcycle manufacturer in Brazil, offering a variety of popular models and capturing a considerable market share.
3 – SHINERAY
Quantity Produced: 31,448 units
Market Share: 1.99%
Shineray holds the third position, offering motorcycle options for different consumer segments.
4 – MOTTU
Quantity Produced: 26,447 units
Market Share: 1.67%
Mottu is a motorcycle rental startup that manufactures its own vehicles and provides solutions for delivery drivers and retailers.
5 – HAOJUE
Quantity Produced: 15,992 units
Market Share: 1.01%
A partner of Suzuki, Haojue remains a popular choice among Brazilian motorcyclists, offering reliable and affordable models.
6 – BMW
Quantity Produced: 13,995 units
Market Share: 0.88%
BMW maintains its presence in the high-quality motorcycle market, catering to a demanding clientele seeking performance and style.
7 – ROYAL ENFIELD
Quantity Produced: 12,436 units
Market Share: 0.79%
Royal Enfield, known for its classic motorcycles, continues to attract retro motorcycle enthusiasts in Brazil.
8 – AVELLOZ
Quantity Produced: 9,361 units
Market Share: 0.59%
Focused on mobility and low-cost motorcycles, Avelloz is a growing brand.
9 – KAWASAKI
Quantity Produced: 8,297 units
Market Share: 0.52%
Kawasaki maintains its presence in the high-performance motorcycle market, serving a speed-loving audience.
10 – TRIUMPH
Quantity Produced: 6,480 units
Market Share: 0.41%
Triumph closes the list of the 10 largest motorcycle manufacturers in Brazil, offering motorcycles with a unique style and sophistication.
Source: Fenabrave