Ecuadorian vehicles market kept the impressive momentum in 2018 with 136.738 sales, up 32.1%. Chevrolet was still on top, holding 35.2% of share, ahead of Kia and Hyundai. The winner of the year was Toyota, soaring to 66.9%.
Ecuador new cars sales rebound in the 2018 after the previous two years fall with sales up 66% at 105.080 fueled by the improved economic environment. Chevrolet dominates with 34% of market share while Great Wall ranks 4th, best place worldwide.
Ecuador Vehicle Market in 2015 tumbled down hit by economic crisis. The automotive industry was reported down 28%, at the lowest since 2005. Chevrolet kept the leadership taking the gap over Kia and Hyundai.
Ecuador 2013 car market was really bad, losing over 15% despite a growing economic environment. Chevrolet improved share and now is near 50% of total. 2014 outlook is positive.