May 24, 2013
Venezuela

Venezuela

Venezuela is a country where democracy and stability are still far, as proven by the actual Leader, Hugo Chavez, is the President since 1999, having established a "Modern Socialist Republic" where violence, drugs and military are conditioning people life. Venezuelan economy is highly depended by its huge petroleum industry, accounting around 95% of total exports, over 40% of Government revenues and 12% of GDP. Pro capita revenue is stable at $ 12.400, but National GDP was hit by 2008 financial crisis and in 2011 was lower than in 2008. Inflation rate at 28.9% in 2011 was a world's record and is creating a huge grey market and unofficial economy. Hard to say when Venezuelan people (28 million) will start increasing their general life conditions.

Venezuela car market in 2012 rose 4%. GM & Ford hold 50% of the market.
31 January 2013

Dongfeng S30

In spite of sharp drop posted in December, when the market was 34.6% down from last year, the Venezuelan car market ended the 2012 rising 4.9% from the previous year. However the market was down 74% from record year.

Venezuela car market surged 13% at November 2012. Chevrolet was hot!
10 December 2012

Mazda BT 50

In November, the Venezuelan car market posted 12.082 units, down 33.4% from last year. Year-to-date  sales were 118.798, up 9.2%. The market leader, Chevrolet, further increased its share climbing at 32%.

Venezuela car market was down 3% in August 2012. Chevrolet share at 41%.
14 September 2012

Venezuela car market was down 3% in August 2012. Chevrolet share at 41%.

In August, the Venezuelan car market posted 10.585 units, down 3.7% from last year. Year-to-date August sales were 86.160, up 10.0%. Chevrolet in August surged at 41% of share, the best of the year, followed by Toyota and Ford.

Venezuela car industry: May 2012 Outlook. Chevrolet is the N° 1.
01 June 2012

Salinas de la Cumaraguas

The Venezuela car market is on the road to recovery after the severe drop suffered from 2007 all time volume record. Following the 2011 negative peak at 120.691 sales, this year the market is recovering. Chevrolet is the market leader.

Venezuela: car industry outlook
09 April 2012

Venezuela: car industry outlook

The 2011 Miss World victory was the only achievement for this unlucky country last year. Although beautiness was at its peak of popularity, car sales achieved their negative peak with the worst performance since 2003.