Flash Reports

Uruguay Vehicles Sales dropped 17% in May. Suzuki is booming!

Uruguay Vehicles Sales dropped 17% in May keeping the harsh momentum started in the second half last year. However, Suzuki kept the impressive speed with cumulative sales almost doubled. Volkswagen was second ahead of Chevy.

Economic Outlook

Uruguay’s economy expanded 3.5% last year, which marked a deceleration compared to 2013’s performance. The moderation was broad-based, as private consumption, investment and exports all grew at slower rates.

In addition, GDP growth decelerated for a second consecutive quarter in Q4 2014 and data from the outset of this year sent mixed signals. While the unemployment rate rose further in February, industrial production recorded the largest gain in over one-and-a-half years in March.

On the political front, in the 10 May regional elections, the ruling leftist Broad Front (FA) party expectedly retained the capital Montevideo—where the majority of the population resides—but lost strongholds in other parts of the country.

Market Outlook

During the last decade the market has experienced a very fast development with a ten years uninterrupted growing series ended after the 2013 record of 57.111 sales. In the 2014 the market scored the first stop declining 7.8% and the start of 2015 was again negative.

Indeed, following the 4.4% loss reported in the first quarter, in April and May, according to data released by ACAU, the Asociation del Comercio Automotor del Uruguay, the total new Light Vehicles sales have been respectively 4.138 and 3.823, losing 4.0 and 17.6%  compared with the correspondent period last year.

Year to date May sales have been 20.250, down 7.1%

Competitive Arena

This is the only market in the World were Suzuki has recently taken the market leadership and looking at last month data they have no intention to lose this position.

In May Suzuki has sold 621 units (+76.9%) with cumulative figures at 3.153 (+100.1%). Volkswagen was second with 473 units (+10.8%) outpacing Chevrolet in the cumulative sales. The American brand in third sold 455 units in May and 2.139 year to date.

As far as the Groups performance and ranking, the leader was Suzuki with 16.2% of market share, ahead of Renault-Nissan with 13.3%, Volkswagen with 12.8% and General Motors fell in 4th with 11.9%.

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 May Rank YTD Brand Sales May Sales YTD May Var May Var YTD May Share Mar Share Apr Share May
1 1 Suzuki 621 3.153 76,9% 100,1% 16,7% 14,0% 16,2%
2 2 Volkswagen 473 2.236 10,8% 5,7% 10,6% 11,9% 12,4%
3 3 Chevrolet 455 2.139 -25,5% -21,9% 9,6% 9,8% 11,9%
4 4 Renault 265 1.364 -15,1% 21,0% 7,4% 6,5% 6,9%
5 5 Nissan 239 1.209 -24,4% -14,2% 7,4% 6,7% 6,3%
6 9 Peugeot 205 769 -19,9% -33,1% 3,4% 3,4% 5,4%
7 6 Fiat 180 1.195 -46,9% -27,6% 4,3% 6,2% 4,7%
8 7 Hyundai 161 942 -45,6% -21,7% 5,3% 4,4% 4,2%
9 10 BYD 157 752 -35,9% -27,2% 4,2% 4,8% 4,1%
10 11 Kia 108 656 38,5% 112,5% 2,7% 3,0% 2,8%
11 12 Ford 104 592 -21,2% -5,8% 2,7% 2,7% 2,7%
12 14 Lifan 96 505 966,7% 50,2% 1,4% 2,5% 2,5%
13 15 Faw 95 498 -35,4% -17,8% 2,0% 1,7% 2,5%
14 16 Geely 92 412 -25,2% -31,8% 1,5% 2,2% 2,4%
15 13 Toyota 79 523 -39,7% -0,6% 2,7% 2,7% 2,1%
16 18 Citroen 76 296 -19,1% -40,7% 1,2% 1,9% 2,0%
17 8 Chery 71 856 -56,7% -25,6% 5,1% 5,1% 1,9%
18 19 Dongfeng 57 259 -23,0% -10,8% 1,3% 1,3% 1,5%
19 21 Chana 40 218 53,8% 2,5% 0,8% 1,3% 1,0%
20 17 Mitsubishi 37 333 -39,3% 152,9% 2,8% 0,9% 1,0%
21 20 Great Wall 34 247 -64,2% -2,1% 2,1% 0,7% 0,9%
22 23 Mercedes 31 172 -24,4% -5,5% 0,9% 0,9% 0,8%
23 26 Foton 20 73 66,7% -44,6% 0,4% 0,3% 0,5%
24 25 Changhe 17 80 325,0% 78,6% 0,4% 0,3% 0,4%
25 24 Audi 16 103 -38,5% -9,2% 0,6% 0,4% 0,4%
26 35 BMW 14 14 -33,3% -100,0% 0,0% 0,0% 0,4%
27 28 Gonow 11 51 -15,4% -37,5% 0,0% 0,2% 0,3%
28 22 Honda 10 217 -73,0% -25,5% 0,7% 2,4% 0,3%
29 31 Baic 8 30 0,2% 0,1% 0,2%
29 30 Mazda 8 39 166,7% -62,8% 0,1% 0,4% 0,2%
30 38 Mini 6 6 200,0% -100,0% 0,0% 0,0% 0,2%
30 29 Dodge 6 46 -57,1% -24,4% 0,2% 0,2% 0,2%
30 24 Jac 6 103 -91,9% -64,9% 0,4% 0,4% 0,2%
31 34 ZNA 5 15 -61,5% -50,0% 0,1% 0,0% 0,1%
31 27 Subaru 5 54 -37,5% 166,7% 0,4% 0,2% 0,1%
32 40 Mahindra 4 4 33,3% -100,0% 0,0% 0,0% 0,1%
33 36 Brilliance 3 11 -50,0% 40,0% 0,0% 0,0% 0,1%
33 33 Ram 3 18 -57,1% -16,7% 0,1% 0,1% 0,1%
34 32 Jeep 2 20 100,0% 100,0% 0,1% 0,1% 0,1%
35 41 Alfa Romeo 1 2 -66,7% -94,1% 0,0% 0,0% 0,0%
35 42 Land Rover 1 1 -100,0% 0,0% 0,0% 0,0%
35 37 Porsche 1 8 -50,0% -20,0% 0,0% 0,1% 0,0%

Rank May Rank YTD Group Sales May Sales YTD May Var May Var YTD May Share Mar Share Apr Share May
1 1 Suzuki 621 3.153 76,9% 100,1% 16,7% 14,0% 16,2%
2 2 Renault-Nissan 509 2.588 -20,6% 1,3% 14,9% 13,2% 13,3%
3 3 Volkswagen 490 2.347 7,7% 4,8% 11,2% 12,4% 12,8%
4 4 General Motors 455 2.139 -25,5% -21,9% 9,6% 9,8% 11,9%
5 7 PSA 281 1.065 -19,7% -35,1% 4,6% 5,3% 7,4%
6 5 Hyundai-Kia 269 1.598 -28,1% 6,1% 7,9% 7,4% 7,0%
7 6 FCA 192 1.282 -47,3% -27,5% 4,7% 6,7% 5,0%
8 9 BYD 157 752 -35,9% -27,2% 4,2% 4,8% 4,1%
9 10 Ford 104 592 -21,2% -5,8% 2,7% 2,7% 2,7%
10 12 Chongqing Lifan 96 505 966,7% 50,2% 1,4% 2,5% 2,5%

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