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Lula sanctions credit for app drivers and taxi drivers to purchase carsPhoto by Surprising_Media on Pexels
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Lula sanctions credit for app drivers and taxi drivers to purchase cars

oglobo14 September 2026 at 19:58

President Luiz Inácio Lula da Silva sanctioned this Monday the project that expands the financing lines of Move Brasil, a program created to help transport professionals renew their vehicles. The sanctioning occurs amid a difficulty the government is still trying to resolve: making credit reach drivers. Although there are resources available, the contracting depends on bank approval, and the volume released so far is well below what was expected.

For taxi drivers and app drivers, the program offers financing for new cars that meet efficiency and sustainability criteria, including electric and hybrid models. The value of eligible vehicles was raised from R$ 150 thousand to R$ 200 thousand, and the payment term was extended from six months to seven years.

Move Brasil also brings together financing lines aimed at truck drivers and delivery workers. The text sent for sanctioning also includes school transport professionals. The main obstacle lies in the stage following the credit, in which banks need to approve the financing so that resources effectively reach the professionals.

Why this matters

App drivers and taxi drivers in the region can benefit from more accessible financing to replace their vehicles, with higher allowed values and longer payment terms. However, the limited execution of the program by banks indicates that many professionals face difficulties accessing these resources, even with the expansion sanctioned by Lula.

About this summary

This is our short summary of a report published by oglobo on 14 September 2026 at 19:58; the full text stays with the publisher. In our feed it sits under Business. We currently carry 22783 items in that section.

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