Latin America best selling cars. The top 100 in the 2018

Latin America best selling cars in 2018 dominated by the Chevrolet Onix, leader for the third consecutive. The Nissan Versa jumped in second place, followed by the Ford KA, while the Toyota Corolla joined the Top 10.

Economic Environment

Latin American economy’s recovery lost momentum in the third quarter of 2018, with growth decelerating for the third consecutive period. A comprehensive estimate revealed that regional GDP expanded 1.5% annually in Q3, below Q2’s 1.7% expansion and the slowest growth rate since Q2 2017. Tighter global financial conditions and a sharp shift in sentiment away from emerging markets hampered regional activity in the period, along with softening global trade. In addition, internal dynamics also played a role

Incoming data for the final quarter of 2018 suggest that regional growth strengthened somewhat, and Latin America’s economy is expected to have grown 1.6%. Recovering confidence and an improving labor market in Brazil should help kick its recovery into a higher gear, while Peru’s growth is expected to have nearly doubled thanks to a pick-up in investment.

Best Selling Cars

As far as the best selling cars ranking, while our report assembly data for 41 countries, this ranking is heavy conditioned by the trend in the top markets (Brazil, Mexico and Argentina), which counts near the half of the regional sales.

The ranking, updated at in 2018, reports that regional leadership unchanged from the previous with the Chevrolet Onix leader for the third year in a string with 249.552 sales (+8.1%) with a huge gap over all the followers.

The Chevrolet Onix is sold only in this region and in the 2017 ranked as 79th in the focus2move Global Best Selling Cars Ranking. It is a subcompact car launched in the 2012 to succeed Chevrolet Corsa and some versions of Chevrolet Celta. Made in Brazilian plan at Gravataí, is only available with five-door hatchback, two flex-fuel engines (999 cm³ and 78/80 cv, 1,389 cm³ and 98/106 cv), five-speed manual transmission, front-wheel drive. It’s sedan derivative is sold under the name Prisma and distributed in selected markets.

The Nissan Versa conquered the second place with 137843 units (+4.3%).

In third place the Ford Ka with 133.656 sales (+8.8%). The third generation of this city car, produced in Brazil,is available as a five-door hatchback and as a four-door sedan. Launched in the fall of 2014, it was initially only available in Brazil and South America, later being introduced in India, Mexico, South Africa (where it is marketed as the Ford Figo) and in Europe (marketed as Ford Ka+).

In fourth place the best LCVs and pick up, the Toyota Hilux with 130.197 units (+3.8%) followed by the Volkswagen Gol with 129.659 sales (-17.9%), the Hyundai HB20 with 106.346, the Chevrolet Prisma with 105.321 (+2.5%).

In eight place the Renault Sandero with 102.001 units (-19.6%) ahead of the Volkswagen Polo with 98.498 (+286.8%) and the Toyota Corolla with 93.687 units (-11.6%).

You can see the previous years ranking here