Colombian Auto Market, after a great start of 2020, was hit by a severe drop in March, as a 19-day nationwide quarantine was announced by President Iván Duque starting on 24 March. Indeed, new light-vehicle sales lost 40.3% with 11.827 sales, dragging the first quarter at down 7.6% at 49.556.
Colombian Auto Market in 2019 kept recovering at moderate speed. Indeed, Total sales in 2019 have been 257.222 (+1.8%). Renault has conquered the head of the ranking, putting an end to the historic domain of Chevrolet.
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 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.
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.