Consortium system in October/2023: economic data
Posted: Sun Feb 02, 2025 5:07 am
The Consortium System recorded advances in general indicators and in almost all segments, when compared to those of a year earlier. For the first time, active participants surpassed the 10 million mark. There were also increases in sales of new quotas, deals made, average ticket, consortium members awarded and credits made available.
From January to October, subscriptions reached 3.48 million, representing a 6.2% increase over the 3.27 million sold in the same period in 2022. As a result of these quotas sold, R$260.51 billion in credits were contracted – 22.5% higher than the R$212.70 billion from a year earlier. The volume achieved shows that there is no correlation between the growing demand for sales and the decreasing interest rate, 12.25% of the Selic, practiced in the market.
To better understand the indicators presented in this post, read usa whatsapp list the following text:
Check below the summary of the Consortium System's performance in October 2023. The data comes from ABAC 's economic advisory and is compared to the same month in 2022.
Performance by segment:
Light Vehicle Consortium
In the tenth month of the year, the largest segment of the Consortium System in terms of the number of active members, totaled more than 540 thousand contemplations. To these, more than R$ 32.5 billion in credits were made available.
Motorcycle Consortium
In the second largest segment in terms of subscriptions, these grew 5% in the accumulated ten months. The sum of credits sold followed this evolution, in addition to an increase in the average ticket in October. With 610 thousand contemplations, more than R$ 10 billion were made available for the acquisition of vehicles in the two-wheel segment.
Heavy Vehicle Consortium
Heavy vehicle consortia, which include trucks, tractors, road and agricultural implements, showed significant growth in all six indicators. The main highlights were in contemplations and credits made available, which varied from 30% to 40%. There were also good results in active participants, with more than 20% growth, and in the average monthly ticket, which increased by almost 30%.
From January to October, subscriptions reached 3.48 million, representing a 6.2% increase over the 3.27 million sold in the same period in 2022. As a result of these quotas sold, R$260.51 billion in credits were contracted – 22.5% higher than the R$212.70 billion from a year earlier. The volume achieved shows that there is no correlation between the growing demand for sales and the decreasing interest rate, 12.25% of the Selic, practiced in the market.
To better understand the indicators presented in this post, read usa whatsapp list the following text:
Check below the summary of the Consortium System's performance in October 2023. The data comes from ABAC 's economic advisory and is compared to the same month in 2022.
Performance by segment:
Light Vehicle Consortium
In the tenth month of the year, the largest segment of the Consortium System in terms of the number of active members, totaled more than 540 thousand contemplations. To these, more than R$ 32.5 billion in credits were made available.
Motorcycle Consortium
In the second largest segment in terms of subscriptions, these grew 5% in the accumulated ten months. The sum of credits sold followed this evolution, in addition to an increase in the average ticket in October. With 610 thousand contemplations, more than R$ 10 billion were made available for the acquisition of vehicles in the two-wheel segment.
Heavy Vehicle Consortium
Heavy vehicle consortia, which include trucks, tractors, road and agricultural implements, showed significant growth in all six indicators. The main highlights were in contemplations and credits made available, which varied from 30% to 40%. There were also good results in active participants, with more than 20% growth, and in the average monthly ticket, which increased by almost 30%.