Flash Reports

Chile Light Vehicle Sales collapsed in first quarter 2015.

Chile Light Vehicle Sales Jeep-Wrangler_Rubicon_10th_Anniversary_2013

Chile Light Vehicle Sales collapsed in first quarter 2015 with figures down 30% hit by higher prices due to the recent currency depreciation. However, the positive economic outlook should support a car market recovery in the rest of the year.

Country Outlook

Chile’s economy suffered a significant deceleration in 2014 mainly due to falling investment and weaker private consumption. In the third quarter, economic activity posted the weakest growth rate since 2009. However, in Q4, the economy showed signs of recovery. Moreover, the latest indicators confirm that the economy might be turning a corner.

In January, the monthly indicator for economic activity recorded the second fastest growth rate since April of last year. The expansion largely reflected an increase in the output of copper—a key driver of economic growth. The recent depreciation of the currency, while benefiting the country’s exports, has made imports more expensive, thus offsetting the effect of lower oil prices.

Market Outlook

In March 2015 according to data released according to data released by ANAC, the Chilean Associations of car manufacturers, new Light Passengers Vehicles sold have been 21.433, down 22.6% compared with the correspondent month last year. Unfortunately this disappointing score was just the last of a series considering that January and February figures were down 30.2% and 29.1% and now the negative series is going on from 7 months.

Following a long period of growth, with market able to post three consecutive annual record in the 2011,2012 and 2013, negative impact of slow economy have progressively reduced the consumer’s demand and the market is losing terrain. First quarter sales had been worse thank observes expectations at 63.557 (-27.5%) and we fear that our full year 2015 forecast at 293.000 units (-13.1%) is now optimistic.

Competitive Arena

All the top 24 brands reported a negative first quarter and just the 25th, Jeep, scored a +1.3%! On top, Chevrolet sold in the quarter 9.832 vehicles (-22.2%) with market share up at 15.5%. In second, Kia with 6.620 units (-14.1%) with share at 10.4%, followed by Hyundai with 6.405 units (-22.1%).

Looking at the groups ranking,  Hyundai-Kia confirmed the leadership gained last year with a quarterly share at 20.5%, ahead of General Motors with share at 15.8% and Renault-Nissan at 9.8%.

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank Rank Q1 Brand Mar Q1 Var Mar Var Q1 Share Mar Share Q1
1 1 Chevrolet 3.415 9.832 -8,1% -22,2% 15,9% 15,5%
2 5 Nissan 2.233 4.931 21,7% -10,8% 10,4% 7,7%
3 2 Kia 2.196 6.620 -7,5% -14,1% 10,2% 10,4%
4 4 Suzuki 1.801 5.124 -6,8% -10,8% 8,4% 8,1%
5 3 Hyundai 1.533 6.405 -49,5% -22,1% 7,2% 10,1%
6 6 Toyota 1.267 3.656 -34,4% -43,7% 5,9% 5,7%
7 7 Mitsubishi 1.253 3.012 -5,6% -10,2% 5,8% 4,7%
8 9 Peugeot 754 2.046 -33,5% -31,4% 3,5% 3,2%
9 8 Ford 659 2.188 -29,6% -35,2% 3,1% 3,4%
10 10 Mazda 506 2.004 -43,8% -30,5% 2,4% 3,1%
11 12 Renault 492 1.213 -10,1% -14,9% 2,3% 1,9%
12 11 SsangYong 462 1.610 -44,4% -35,3% 2,2% 2,5%
13 14 Subaru 437 1.139 3,6% -19,3% 2,0% 1,8%
14 15 Fiat 379 896 -11,4% -46,9% 1,8% 1,4%
15 18 Citroen 290 841 -26,4% -35,9% 1,4% 1,3%
16 16 Mercedes 280 893 -36,8% -31,1% 1,3% 1,4%
17 17 Volkswagen 267 891 -51,5% -48,7% 1,2% 1,4%
18 19 Great Wall 258 739 -42,7% -49,9% 1,2% 1,2%
19 23 ChangAn 219 592 14,1% -11,1% 1,0% 0,9%
20 21 Chery 206 640 -36,8% -50,6% 1,0% 1,0%
21 13 Mahindra 191 1.165 -53,5% -12,1% 0,9% 1,8%
22 25 Honda 184 535 -22,0% -36,8% 0,9% 0,8%
22 22 BMW 184 619 -13,2% -12,1% 0,9% 1,0%
23 24 Jac 174 578 -40,4% -40,8% 0,8% 0,9%
24 26 Jeep 172 504 3,8% 1,3% 0,8% 0,8%
25 20 Dodge 154 687 -65,8% -51,5% 0,7% 1,1%
26 27 Audi 142 352 -29,4% -29,3% 0,7% 0,6%
27 28 GAC GONOW 133 342 #DIV/0! #DIV/0! 0,6% 0,5%
28 30 Volvo 120 293 -9,8% -39,2% 0,6% 0,5%
29 29 Geely 106 319 -32,5% -45,7% 0,5% 0,5%
30 31 Brilliance 94 288 25,3% 25,2% 0,4% 0,5%
31 37 DFSK 86 165 -41,9% -60,2% 0,4% 0,3%
32 34 Daihatsu 68 201 -29,9% -41,1% 0,3% 0,3%
33 35 Opel 66 184 -24,1% -28,1% 0,3% 0,3%
34 33 Lifan 63 208 -50,8% -54,6% 0,3% 0,3%
35 32 MG 60 215 -57,4% -58,3% 0,3% 0,3%
36 36 Faw 57 166 850,0% 115,6% 0,3% 0,3%
37 38 BYD 56 160 -73,6% -77,7% 0,3% 0,3%
38 40 Dfm 48 121 0,0% -17,7% 0,2% 0,2%
38 42 Maxus 48 114 41,2% -23,5% 0,2% 0,2%
39 43 ZNA 41 113 -52,3% -55,7% 0,2% 0,2%
40 41 Chrysler 40 116 5,5% 1,8% 0,2% 0,2%
41 47 Porsche 31 74 -11,4% -19,6% 0,1% 0,1%
42 46 Foton 30 86 -54,5% -79,0% 0,1% 0,1%
42 48 Land Rover 30 72 -30,2% -50,7% 0,1% 0,1%
43 44 Skoda 27 101 -56,5% -17,9% 0,1% 0,2%
43 51 Haima 27 39 -66,7% -86,1% 0,1% 0,1%
44 45 Mini 21 87 -41,7% -50,0% 0,1% 0,1%
45 52 Infiniti 14 32 #DIV/0! #DIV/0! 0,1% 0,1%
46 49 Alfa Romeo 13 53 333,3% 152,4% 0,1% 0,1%
47 50 Lexus 7 43 133,3% 10,3% 0,0% 0,1%
48 55 ZX Auto 6 21 -86,0% -85,4% 0,0% 0,0%
49 56 GAC 5 19 #DIV/0! #DIV/0! 0,0% 0,0%
50 53 Tata 4 30 -81,8% -66,3% 0,0% 0,0%
50 54 Jinbei 4 24 -84,0% -78,0% 0,0% 0,0%
50 61 Landwind 4 8 100,0% 33,3% 0,0% 0,0%
50 58 Iveco 4 12 33,3% -50,0% 0,0% 0,0%
50 59 Jaguar 4 10 100,0% -54,5% 0,0% 0,0%
51 55 Zotye 3 21 -93,0% -87,8% 0,0% 0,0%
52 57 Hafei 2 14 -97,8% -95,6% 0,0% 0,0%
52 60 Changhe 2 9 672,2% 71,1% 0,0% 0,0%
53 39 Dongfeng 1 154 -96,0% 140,6% 0,0% 0,2%

Rank Rank Q1 Group Mar Q1 Var Mar Var Q1 Share Mar Share Q1
1 1 Hyundai-Kia 3.729 13.025 -31,0% -18,2% 17,4% 20,5%
2 2 GM 3.481 10.016 -8,4% -22,4% 16,2% 15,8%
3 3 Renault-Nissan 2.766 6.257 5,9% -21,2% 12,9% 9,8%
4 4 Suzuki 1.801 5.124 -6,8% -10,8% 8,4% 8,1%
5 5 Toyota 1.342 3.900 -33,9% -43,3% 6,3% 6,1%
6 6 Mitsubishi 1.253 3.012 -5,6% -10,2% 5,8% 4,7%
7 7 PSA 1.044 2.887 -31,6% -32,8% 4,9% 4,5%
8 9 FCA 762 2.275 -29,9% -39,6% 3,5% 3,6%
9 10 Ford 659 2.188 -29,6% -35,2% 3,1% 3,4%
10 8 Mahindra Group 653 2.775 -47,4% -27,2% 3,0% 4,4%
11 11 Mazda 506 2.004 -43,8% -30,5% 2,4% 3,2%
12 12 Volkswagen 467 1.418 -44,9% -42,1% 2,2% 2,2%
13 13 Fuji Heavy Industries 437 1.139 3,6% -19,3% 2,0% 1,8%
14 14 Mercedes Daimler 280 893 -36,8% -31,1% 1,3% 1,4%
15 15 Great Wall Motors 258 739 -42,7% -49,9% 1,2% 1,2%
16 18 Geely Group 226 612 -22,1% -42,8% 1,1% 1,0%
17 19 ChangAn 221 606 -21,6% -38,5% 1,0% 1,0%
18 17 Chery Automobile 206 640 -36,8% -50,6% 1,0% 1,0%
19 16 BMW 205 706 -17,3% -19,6% 1,0% 1,1%
20 21 Honda 184 535 -22,0% -36,8% 0,9% 0,8%
21 20 JAC 174 578 -40,4% -40,8% 0,8% 0,9%
22 22 GAC Group 138 361 #DIV/0! #DIV/0! 0,6% 0,6%
23 23 SAIC 108 329 -38,3% -50,5% 0,5% 0,5%
24 24 Brilliance 98 312 -2,0% -8,0% 0,5% 0,5%
25 28 Dongfeng-Sokon Motor Group 86 165 -41,9% -60,2% 0,4% 0,3%
26 27 FAW 84 205 -3,4% -42,7% 0,4% 0,3%
27 26 Chongqing Lifan 63 208 -50,8% -54,6% 0,3% 0,3%
28 29 BYD 56 160 -73,6% -77,7% 0,3% 0,3%
29 25 Dongfeng Motor 49 275 -32,9% 30,3% 0,2% 0,4%
30 30 Tata 38 112 -43,3% -56,4% 0,2% 0,2%

 

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