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36 November 2018 | AutoData MARKET » CREDIT I f everything goes well until the end of the year and Anfavea’s growth projec- tion of 13,7% is confirmed, the amounts related to the release of funds for vehi- cle financing will close above that. The expectation is for a 16% increase compared to 2017, and this in a more con- servative scenario designed by Anef, the national association of financial compa- nies linked to the vehicle manufacturers of Brazil. Luiz Montenegro, its president, estimates: “In a more optimistic scenario, it is possible that this evolution reaches the 20% range.” In terms of value, this would represent the total of R$ 117 billion to R$ 120 billion, the best result in the last five years: “If we consider that GDP should grow only 1.4%, it’s an amazing performance.” According to Montenegro, the ad- vance in financings is a positive indicator By Glauco Lucena FINANCING GROWS ABOVE MARKET Supply of credit, once again, will be essential to sustain a new increase in vehicle sales in Brazil next year