News

Used vehicle market matches brand-new sales

Light and heavy vehicles growth was about 5% in the bimester, with 1.57 million transactions

By Redação AutoIndústria  | Translated by Jorge Meditsch

Data released this Tuesday, 3/7, by Fenabrave indicate that the used vehicle market, including lights and heavies, started the year with a performance similar to the brand-new cars. While new vehicle sales grew by 5.4% in the first bimester, used products raised by 5% from 1.49 million to almost 1.57 million units.

Motorcycles, with 454.6 thousand and road implements, with 14.5 thousand units, grew 0.1% and 10.5% in the first two months of the year. In most cases, numbers fell in February compared to January due to the month of the carnival being four working days less.

Considering all segments, there was a 6.7% fall from January and 2.3% less than in 2022. Nevertheless, the used market, including light and heavy vehicles, motorcycles and implements, keeps positive, with a 4% growth and 2,05 million units commercialized, in front of 1.97 million in 2022.

“Despite the monthly retraction, the working day average in February grew as the new vehicle sales’ “, said José Maurício Andreta Jr., Fenabrave’s president. “Most had a positive result in the two months”.

Last month’s automobile and light commercial vehicle transactions reached 726,577 units, totaling 1.511.227 units in 2023, 5.3% over 2022. The truck segment registered 23,657 ownership changes, 3.6% less than in January, while road implements grew by 7.4%.


Photo: Pixabay

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Alzira Rodrigues

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