Light vehicle consortium sales grow 13.5%

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The pace of sales of light vehicle consortiums is accelerating in 2023. ABAC's economic advisory service reported that more than 800,000 quotas were sold in the first half of this year. This data points to an expansion of 13.5% compared to the same period in 2022.

From January to June, sales of light vehicles by the consortium reached 805.47 thousand quotas. In the first six months of 2022, sales reached 709.38 thousand. In other words, in absolute numbers, almost 100 thousand more quotas were sold in the first six months of 2023.

In addition to the increase in sales, another notable feature of the uruguay whatsapp list light vehicle consortium's sales is the increase in the average value of the quotas purchased. In June, the so-called average ticket for the month was R$58,280. Compared to a year earlier, when the indicator was R$52,540, the increase reached 10.8%.

Read the post below to better understand the indicators presented in this text:

Contracted credits exceed R$ 46 billion
Whenever the combination of an increase in quotas sold and the average ticket occurs, the indicator of credits sold usually responds very well. So much so that considering the results of June, it was the indicator that grew the most in the light vehicle consortium: an increase of 26.7% compared to the first half of 2022.

From January to June 2023, quotas sold in the light vehicle consortium totaled R$46.95 in traded credits. That is, the sum of the consortium contracts signed in a given period. In the first half of 2022, this contracting totaled R$37.07 billion.

The results achieved by the light vehicle consortium have a significant impact on the performance of the Consortium System as a whole. This is because, in addition to leading sales, the segment is also the leader in active participants. In June, 4.27 million consortium members were registered. Proportionally, this represents more than 2 in 5 of the 9.67 million consortium members that the Consortium System registered in June 2023.

Compared to June 2022, the increase reached 5.1%. A year earlier, 4.06 million participants were registered in light vehicle consortium groups.

More than 309 thousand beneficiaries
Finishing off the indicators for June 2023, we come to the two related to contemplations . And for this reason they are much celebrated, since it is one of the most anticipated moments for the consortium member. In the first half of this year, the total number of contemplated increased by 6.1%. There were 309.12 thousand contemplations, compared to 291.38 thousand that occurred in the first half of 2022.

Regarding the volume of credits made available to beneficiaries, these increased by 18.5%. In the first half of the year, there were more than R$18 billion, compared to R$15.2 billion from January to June 2022.

Did you enjoy learning more about the performance of the light vehicle consortium in June 2023? Then this infographic is for you, who are looking for more information about the segment. It contains data from a survey carried out by ABAC's economic advisory team in May 2023.