Chilean Vehicles Market accelerated further in May keeping the outstanding momentum albeit economic weakness carried over to Q2. On top of the brands, list a big battle is in place between Chevrolet, Hyundai and Kia.
Chile Auto Market in First Half 2016 gained ground with over 147.000 units sold in the period. On top of the brand ranking, Hyundai and Kia defeated the rival Chevrolet relegating it only in third place.
Chile Light Vehicles in 2015 fell 16% hit by negative economic performance. Chevrolet was again market leader albeit losing in the Q4 while the Hyundai Accent was the best-selling model, 1 units ahead of Mitsubishi L200.
Chile new vehicles market kept falling in Q3 2015 albeit in September sales declined only 3% compared with the correspondent month last year. Future outlook still negative due to shy country's economy.
Chilean Car Sales dropped 22% in the first half 2015 albeit moderate recovery in the country economy. After being surged at a relevant volume, now Chilean automotive industry is among the worse worldwide.