Colombia Automotive Analysis & Data are provided by the Automotive Experts Team, all having dedicated the entire live in this sector, utilizing the sales data stored within the GAD.
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Colombian Auto Market has lost 4.5% in January keeping the negative path taken along the previous year. The expected recovery in the economy is not in place and market suffer low demand. Toyota fast started increasing sales 46%.
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.
Colombian Vehicles Sales 2016 fell down in double-digit for the 2nd consecutive year. Renault ranked 2nd, pushed up by Sandero, the new best-selling model while Jaguar was the best performer.
Colombia Auto Sector enveloped the negative momentum in Q3 with consumer confidence firmly entrenched in pessimistic territory. The Chevrolet Spark was the new bestselling model..
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 Automotive industry kept falling in Q1 2016. The sharp decrease has now hit the 12th year-on-year month in a string as the sector is pushed down by economic crisis and political turbulence.
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.
Chevrolet Colombia sales collapsed in May losing over 8 points of share. Light Passenger vehicle market was positive from year ago while the market leader incurred in a deep fall. Kia gained space advancing in second place.
Colombia Vehicles Sales – April 2014. Following a positive first quarter, the sales volume fell 8% from the previous year. Chevrolet consolidated its leadership thanks to a powerful dealer network and high customer’s retention.
Colombian automotive market was flat in March 2014 ending the first quarter with a little increase over year ago. Sales are in line with expected stabilization of figures after the fast growth posted in the last decade. See statistics and sales data.
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.
October 2013 was positive for the Colombian car market which posted a double digit increase and reduced the loss from the 2012 at almost 5 percentage points. Chevrolet kept losing quota not only hit by new player's competition but also under Renault attack.
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.
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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%.