Colombian Auto Market fell down 3% in January with 15.632 sales. Chevrolet managed to keep the throne, but only a few units ahead of Renault, while General Motors will launch 5 new models in 2019. Volkswagen, Suzuki and Hyundai improved, all over 20%.
Colombia Automotive industry Report 2010-2025 features historical data and insights plus professional forecast on new vehicles sales by type, manufacturer, brand and model providing an easy-to-use picture of current and future competitive landscape.
Colombian Auto Market has grown 7.9% in 2018 interrupting the recent years negative trend, closing with registrations at 256.662. Chevrolet kept the lead, only few units ahead of Renault. Impressive performances registered by Toyota and Volkswagen.
Colombian Car Sales kept the negative momentum in the 2017 losing 6% and falling at lowest in last 17 years. Bad news from economic recovery, with S&P’s credit rating downgrade, could further penalize consumer confidence.
Colombia new vehicles registrations fell sharply in the first half 2016 due to the weak domestic demand. However, few brands are gaining, including Renault and Mazda.
Colombia Vehicles Market in 2015 dropped in double-digit hit by weak economy and record low peso. Following the boom in vehicles sales during the last decade the market paused in the last 9 months of falls.
Colombia new cars market fell 22% in September, the 6th y.o.y decline in a row. Following the two consecutive annual records scored in the previous years, the market mood deteriorated during the 2015.
Colombia Vehicles Sales slow down in 2015. Chevrolet Spark new best-selling model. In June sales figures were flat not reporting a recovery and ending the first half losing over 3 percent for last year.
Colombia Light Vehicles Sales are falling down in the 2015 while Renault-Nissan alliance is challenging the General Motors leadership among groups. Ford is struggling and has lost two spots from the 2014 ranking.
2014 was the second best ever for car market in Colombia thanks to a huge 52% December increase. Chevrolet defended its share at one fourth of total, followed by Renault & Kia.
Colombia Vehicle Market kept growing in September. Chevrolet reinforced its leadership while Toyota and Suzuki shined among top 10 brands, improving volume by 41.5% and 58.6% respectively. All statistics on Brands & Groups.
Colombia Vehicle Sales have been stable in the first half 2014 consolidating the level topped in last years. In June Chevrolet recovered from the May shortfall and Renault and Ford have been back at their normal sales level.
In 2013, hit by a weak economic trend, the Colombian car market fell down. However the year ended with positive signs and 2014 perspectives are positive as the internal consumptions and GDP are forecast is fast recovery.
Keeping a losing trend shown across all the year, Colombian car market dropped 7.4% in August 2013. The market leader Chevrolet recovered share after a shortfall period, ahead of a stable Renault, while the winner of the month was the third, the Korean Kia.
Following an entire year of monthly declines, in July the Colombian car market was finally positive, growing 8.3% from last year. However, year to date sales fell 9.3%. Behind the solid Chevrolet leadership, Renault is growing in second with a share above 15%.
Colombian car market struggled in the first quarter with sales declined 22.0% in March and 15.4% in the entire quarter. However, forecast released by BBVA are optimistic for the rest of the year. Chevrolet was stable on top of the list, while Jac entered in the Top 10.
Colombian government decision to review the V.A.T. structure over car passengers, hit the market during the second half 2012 with sales down 4.5% from last year. The traditional dominator of the market, Chevrolet, diluted its share, losing 4 points.