Vehicle financing grows 12.4% in November

by Andrea
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According to a survey by B3, financed sales totaled 605 thousand units in the month

Financed vehicle sales totaled 605 thousand units in November this year. The number is equivalent to growth of 12.4% compared to the same period in 2023. In relation to October this year, there was a drop of 9.7%. The data is from a survey by the (Brazilian Stock Exchange). Here is it (PDF 1 MB).

In the year to November, financed sales totaled 6.5 million units. An increase of 21.8% compared to the same 11 months in 2023, which adds up to approximately 1.1 million more vehicles sold.

The drop compared to October can be explained, according to Gustavo de Oliveira Ferro, planning and market intelligence manager at B3, due to the 4 fewer business days that the month had. In November, financing reached 31,800 units.

In comparisons between November this year and the same month in 2023, the biggest increase in financing was with light vehicles (12.4%), with heavy vehicles the growth was 0.6% and, finally, the segment of motorcycles increased 15.1%.


With information from .

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