Flash Reports

Colombia: 2014 car market foreseen at prompt recovery after 2013 fall.

In 2013, accordingly with data reported by Asopartes, the Colombian Association of the Automotive Sector, total light passenger vehicles sold in Colombia have been293.767, down 7.0% from year ago in a second consecutive loss after the peak of volume record achieved in 2011 at 324k. The negative 2013 performance was mainly due to a weak first half while during the second market has shown a progressive recovery, in line with improved economic indicator. Indeed, in second half The Colombian economy consolidated the recovery trend, which started in the previous quarter (Chart 3.3) according to our balance of leading indicators. The sectors spearheading this growth were probably the same ones. Private consumption continued to reflect the positive impact of low-interest rates on household spending decisions.

2014 started with wide optimism. Accordingly with a report from BBVA: “Expectations are for 4.7% GDP growth in 2014. This forecast is explained by the increase in private spending, from 3.9% in 2013 to 4.5% this year, and of fixed investment, up from 5.8% to 6.6% in the same period. In the latter case, the most important recovery will be in private non-residential investment which grew only 0.8% last year, and should be increasing 6.5% this year thanks to the positive effect of the favourable YoY comparison as well as the stronger dynamics in industrial and mining activities.” The car market will benefit from internal consumption increase and will grow in the range of 7-10% near to the level of 2011 record.

As far as 2013 performance by carmakers, the most significant fact of the year is the sharp loss of share by Chevrolet, the American brand leader in the market from over 50 years. With 74k sales, Chevrolet share was at 25.9%, down 3.1 points from the previous year, losing the leadership among best-selling models.

Renault was almost stable in second place, with 43k units and share around 15% while the Korean Kia in third increased share near to 10% with 28.2k sales. As far as the others players, Ford, Suzuki, Chery, Mercedes and Jac are in the list of winners, while Nissan and Volkswagen among the losers.

As far as best-selling models, the clamorous fact was the conquest of leadership by Renault Sandero that together with Chevrolet Sail has outpaced the former leader, the Chevrolet Spark, now only third. Winners in the YOY comparison were also Ford Fiesta (10th), Kia Sportage (12th), Chevrolet Sonic (13th) and Hyundai Accent (18th).

In the interactive tables below you can sort thru the Top brands and Best-selling model as you like:

Rank 2013
Rank 2012
Brand
Dec
2013
H1 ’13
Q3
Q4
2013
2012
1 1 Chevrolet 7.987 74.032 25,1% 25,8% 24,8% 25,2% 27,3%
2 2 Renault 3.642 43.002 14,6% 15,1% 14,4% 14,6% 13,9%
3 3 Kia 2.075 28.267 9,6% 10,3% 9,1% 9,6% 8,6%
4 4 Hyundai 1.200 25.092 9,2% 8,1% 7,9% 8,5% 8,5%
5 5 Nissan 1.491 19.748 6,8% 6,8% 6,6% 6,7% 8,0%
6 7 Ford 1.877 16.200 5,0% 5,9% 6,0% 5,5% 3,7%
7 6 Toyota 1.340 13.917 4,7% 4,3% 5,1% 4,7% 5,0%
8 8 Mazda 700 9.552 2,9% 3,5% 3,7% 3,3% 3,4%
9 9 Volkswagen 1.200 7.672 2,1% 2,4% 3,6% 2,6% 3,2%
10 10 Chery 368 4.421 1,4% 1,8% 1,4% 1,5% 1,1%
11 20 Suzuki 300 4.339 1,4% 1,9% 1,2% 1,5% 0,4%
12 12 Mercedes 342 4.104 1,5% 1,4% 1,3% 1,4% 0,9%
13 14 JAC 245 4.084 1,5% 1,2% 1,3% 1,4% 0,8%
14 11 Dodge 198 3.051 1,0% 1,0% 1,2% 1,0% 0,9%
15 15 BMW 217 2.600 0,9% 1,0% 0,8% 0,9% 0,7%
16 13 Honda 22 2.493 1,1% 1,0% 0,3% 0,8% 0,8%
17 44 DongFeng 181 2.177 0,8% 0,7% 0,7% 0,7% 0,1%
18 19 Audi 160 1.919 0,7% 0,5% 0,7% 0,7% 0,4%
19 15 SsangYong 131 1.712 0,6% 0,5% 0,6% 0,6% 0,7%
20 18 Fiat 24 1.526 0,6% 0,4% 0,5% 0,5% 0,6%
21 17 DFM/DFSK 0 1.522 0,6% 0,6% 0,2% 0,5% 0,6%
22 28 Hafei 90 1.223 0,4% 0,5% 0,4% 0,4% 0,2%
23 16 Hino 0 1.195 0,4% 0,6% 0,2% 0,4% 0,6%
24 21 Mitsubishi 39 1.142 0,4% 0,5% 0,3% 0,4% 0,4%
25 22 Great Wall 58 1.040 0,3% 0,5% 0,3% 0,4% 0,4%
26 23 Jeep 126 798 0,2% 0,3% 0,3% 0,3% 0,3%
27 24 Volvo 41 735 0,2% 0,2% 0,4% 0,3% 0,3%
28 32 Subaru 41 701 0,2% 0,3% 0,2% 0,2% 0,1%
29 26 Peugeot 53 553 0,2% 0,1% 0,2% 0,2% 0,2%
30 29 Mini 45 544 0,2% 0,2% 0,2% 0,2% 0,2%
31 25 Geely 10 533 0,2% 0,3% 0,1% 0,2% 0,2%
32 39 Zotye 44 531 0,2% 0,2% 0,2% 0,2% 0,1%
33 31 Seat 38 453 0,2% 0,2% 0,1% 0,2% 0,1%
34 38 Land Rover 89 444 0,1% 0,2% 0,3% 0,2% 0,1%
35 35 BYD 60 435 0,1% 0,2% 0,2% 0,1% 0,1%
36 27 Citroen 100 431 0,0% 0,1% 0,4% 0,1% 0,2%
37 33 Mahindra 35 419 0,1% 0,1% 0,1% 0,1% 0,1%
38 58 MG 5 371 0,2% 0,1% 0,1% 0,1% 0,0%
39 30 Daihatsu 38 321 0,1% 0,1% 0,1% 0,1% 0,1%
40 36 Brilliance 24 287 0,1% 0,1% 0,1% 0,1% 0,1%

Rank 2013
Rank 2012
Model
Dec ’13
Sales 2013
H1 2013
Q3 2013
Q4 2013
Dec 2013
Share 2013
1 3 Renault Sandero 1.532 18.384 6,6% 6,2% 5,7% 5,9% 6,3%
2 8 Chevrolet Sail 1.510 16.894 5,9% 5,5% 5,7% 5,8% 5,7%
3 1 Chevrolet Spark 1.372 15.158 5,6% 4,8% 4,7% 5,3% 5,2%
4 4 Dacia Logan 875 10.500 3,7% 3,6% 3,3% 3,4% 3,6%
5 4 Renault Logan 840 10.494 3,6% 4,0% 3,2% 3,2% 3,6%
6 6 Renault Duster 985 10.344 3,4% 3,8% 3,4% 3,8% 3,5%
6 6 Dacia Duster 862 10.344 3,7% 3,5% 3,2% 3,3% 3,5%
7 5 Hyundai City 722 9.145 3,4% 2,9% 2,7% 2,8% 3,1%
8 13 Chevrolet Tracker 834 9.076 3,1% 3,1% 3,2% 3,2% 3,1%
9 10 Kia Picanto 650 7.244 2,3% 2,7% 2,4% 2,5% 2,5%
10 16 Ford Fiesta 680 6.631 1,8% 2,8% 2,5% 2,6% 2,3%
11 11 Kia Rio 779 6.269 2,5% 1,6% 2,0% 3,0% 2,1%
12 31 Kia Sportage 928 5.916 0,9% 3,1% 3,0% 3,6% 2,0%
13 36 Chevrolet Sonic 680 5.710 1,9% 1,8% 2,2% 2,6% 1,9%
14 15 Toyota Prado 414 4.809 1,7% 1,7% 1,5% 1,6% 1,6%
15 23 Nissan March 407 4.706 1,7% 1,5% 1,5% 1,6% 1,6%
16 2 Chevrolet Aveo 395 4.403 1,5% 1,5% 1,5% 1,5% 1,5%
17 17 Hyundai i25 336 4.151 1,6% 1,4% 1,1% 1,3% 1,4%
18 28 Hyundai Accent 346 4.151 1,5% 1,4% 1,3% 1,3% 1,4%
19 25 Volkswagen Jetta 332 3.984 1,4% 1,4% 1,2% 1,3% 1,4%
20 14 Hyundai Tucson 340 3.925 1,6% 1,0% 1,3% 1,3% 1,3%
21 7 Chevrolet Captiva 251 3.716 1,4% 1,2% 1,0% 1,0% 1,3%
22 41 Nissan D22 290 3.671 1,4% 1,2% 1,1% 1,1% 1,2%
23 26 Renault Twingo 300 3.600 1,3% 1,2% 1,1% 1,2% 1,2%
23 12 Nissan Frontier 300 3.600 1,3% 1,2% 1,1% 1,2% 1,2%
24 19 Toyota Hilux 281 3.561 1,3% 1,1% 1,1% 1,1% 1,2%
25 40 Renault Clio 330 3.536 1,0% 1,5% 1,3% 1,3% 1,2%
26 22 Mazda2 375 3.532 1,1% 1,2% 1,3% 1,4% 1,2%
27 21 Nissan Versa 320 3.486 1,3% 1,1% 1,1% 1,2% 1,2%
28 24 Toyota Fortuner 315 3.467 1,1% 1,3% 1,1% 1,2% 1,2%
29 42 Ford Escape 290 3.154 0,9% 1,4% 1,1% 1,1% 1,1%
30 33 Dodge Journey 220 2.563 0,8% 1,0% 0,8% 0,8% 0,9%
31 18 Chevrolet N300 60 2.322 1,4% 0,2% 0,2% 0,2% 0,8%
32 35 Hyundai i10 182 2.281 0,9% 0,7% 0,6% 0,7% 0,8%
33 58 Ford Ecosport 191 2.262 0,9% 0,7% 0,6% 0,7% 0,8%
34 20 Nissan Tiida 148 2.014 0,9% 0,5% 0,4% 0,6% 0,7%
35 43 Honda CR-V 120 2.011 0,9% 0,6% 0,5% 0,5% 0,7%
36 34 Mazda3 70 1.800 0,8% 0,5% 0,4% 0,3% 0,6%
37 27 Mazda BT-50 141 1.780 0,7% 0,6% 0,5% 0,5% 0,6%
38 51 Kia Eko 60 1.768 1,0% 0,2% 0,2% 0,2% 0,6%
39 29 Volkswagen Gol 130 1.719 0,7% 0,5% 0,5% 0,5% 0,6%
40 39 Renault Koleos 138 1.698 0,5% 0,6% 0,6% 0,5% 0,6%

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