Consortium sector maintains a growing trend in January

By Redação AutoIndústria | 2/24/23 | Translated by Jorge Meditsch

After growing numbers and records in diverse segments in 2022, the vehicle consortium system opened 2023 at full steam. New quote sales, including light and heavy vehicles and motorcycles, grew 13.3% to 270.6 adherences in January compared to 238.8 in the same month last year.

Business volume grew 15.1%, jumping from R$ 10.8 billion to R$ 12.5 billion in the same comparison. Consolidated active participants reached 7.5 million, 11.1% more than last year’s 6.7 million.

The system granted credits in January reached R$ 4.84 billion, 21.2% of financed sales, also including customer direct credit and leasing. The data were released this Friday, 2/24, by Abac, Associação Brasileira das Administradoras de Consórcios.

In the automobile and light commercial vehicle segment, the system’s largest active participant number, a little more than 140 thousand new quotes were commercialized, totaling about R$ 8 billion. According to Abac, there were advances in active participants, average tickets and conceded credits and a retraction only in the number of contemplated members from 55.2 thousand last year to 53 thousand.

“The more than 53 thousand contemplated light vehicle buyers amount were potentially injected in the national market and had a 47.9% share of internal sales, which reached a total of 110.8 thousand. Therefore, the system was responsible for one in two units negotiated, considering Anfavea’s numbers”, says the consortium administrator companies association.

In the heavy segment, which includes trucks, tractors, road and agriculture implements, most numbers were positive, but there was an 18.6% fall in business volume with R$ 2.62 billion commercialized credits due to January’s smaller tickets – R$ 143.82 thousand this year, compared to R$ 190.02 thousand in the same month in 2022.