Brazil Move Brasil Program Made Permanent, Eligibility Expanded

Brazil Makes Move Brasil Fleet Financing Program Permanent

Brazil has made the Move Brasil fleet vehicle financing program permanent while expanding eligibility to school transport operators. On September 14, President Luiz Inacio Lula da Silva signed legislation formalizing the change. The program provides financing of up to BRL 30 billion for vehicles that meet environmental, social or economic criteria. The expansion adds another eligible user group to a program that already supports taxi and app-based drivers. The new legislation establishes a longer-term framework for vehicle financing while leaving specific conditions for school transport operators to be defined by the National Monetary Council. The measure also maintains a process for approving additional automakers and vehicle models.

Move Brasil Financing Has Supported Thousands of Vehicles

The financing program has already provided substantial support to vehicle buyers in Brazil. Approximately 48,000 cars and 19,000 motorcycles have been financed, with BRL 5.1 billion disbursed through the program. These figures show the scale of financing activity already generated under Move Brasil before its permanent status was established. The program is designed to support vehicles that satisfy environmental, social or economic criteria, connecting financing availability with broader eligibility requirements. By continuing the program on a permanent basis, the legislation preserves access to this financing framework while allowing additional eligible vehicles and manufacturers to be incorporated through the existing approval process.

Vehicle Financing Terms Cover Eligible Automobiles

Eligible automobiles priced below BRL 200,000 can receive financing covering up to 100% of the vehicle price under the Move Brasil program. Financing terms can extend for as long as 84 months, while borrowers can receive a six-month grace period before repayment begins. These provisions establish the principal financing parameters for qualifying automobiles and are particularly relevant to users seeking vehicle purchases through the program. The financing framework applies alongside the program's environmental, social and economic eligibility criteria, meaning that vehicle price alone does not determine eligibility. The legislation therefore continues to combine defined financing terms with requirements governing which vehicles and users can participate.

School Transport Operators Added to Eligibility Framework

The legislation expands the program beyond its existing coverage of taxi and app-based drivers by making school transport operators eligible to participate. Specific conditions governing school transport participation will be established by the National Monetary Council, so the legislation does not itself provide all operational details for this newly eligible group. The addition nevertheless broadens the range of transportation operators that can potentially access Move Brasil financing. For Brazil, the change creates a permanent legislative basis for the program while extending its potential reach to another vehicle-dependent transport segment. The eventual conditions set by the council will determine how school transport operators can use the financing framework.

Automaker and Model Approvals Remain Under MDIC

The Ministry of Development, Industry, Trade and Services will continue approving additional automakers and eligible vehicle models for participation in the program. The ministry may also require manufacturers to provide minimum discounts on vehicles included in Move Brasil. This approval mechanism means that the list of participating manufacturers and models can continue to change after the legislation takes effect. The framework therefore combines permanent program authorization with ongoing administrative decisions about eligible vehicles and participating automakers. For manufacturers seeking inclusion, approval by the ministry remains an important requirement, while the potential for minimum discounts introduces an additional condition that may affect vehicles incorporated into the financing program.

Industry Impact & Outlook

Making Move Brasil permanent provides a continuing financing framework for qualifying vehicle purchases while the expansion to school transport operators broadens its potential user base. The program's existing financing activity, together with the BRL 30 billion financing capacity, creates a sustained channel for eligible vehicles in Brazil. Automakers and vehicle buyers will also be affected by the Ministry of Development, Industry, Trade and Services approval process and any minimum discount requirements imposed on participating models. The next significant steps are the National Monetary Council's conditions for school transport operators and further decisions on automakers and eligible models, which will determine how the expanded framework operates in practice.

Frequently Asked Questions

What is the Move Brasil fleet vehicle financing program?
Brazil's Move Brasil program provides vehicle financing for qualifying automobiles and motorcycles that meet environmental, social or economic criteria. The program has a financing capacity of up to BRL 30 billion and has already financed approximately 48,000 cars and 19,000 motorcycles. Under its financing terms, eligible automobiles priced below BRL 200,000 can receive financing covering up to 100% of the vehicle price, with repayment terms extending to 84 months and a six-month grace period before repayments begin. The legislation signed on September 14 makes the program permanent and expands eligibility to school transport operators.

Frequently Asked Questions

Who can use the Move Brasil financing program?
The program covers taxi and app-based drivers and has now been expanded to include school transport operators. Specific participation conditions for school transport operators will be established by the National Monetary Council. The program also requires vehicles to meet applicable environmental, social or economic criteria. Additional automakers and eligible models can be approved by the Ministry of Development, Industry, Trade and Services. The ministry may require manufacturers to provide minimum discounts on vehicles included in the program. These provisions determine which users, vehicles and manufacturers can participate as the permanent program continues.