Colombia August. Renault soared 30.8% in market up 9.3%

Colombian Auto Market

Colombian Auto Market in August improved by 9.3% with 22.910 units sold. Renault marked a stunning performance (+30.8%), holding 21.9% of share. Despite losing 14%, Mazda is currently in 4th place, while Volkswagen was the best Top 10 brand.

Economic Environment

Colombian economic growth lost some momentum in the second quarter, after growing at the fastest pace in over three years in Q1. Private consumption sped up slightly amid lower unemployment in the quarter, as did capital spending on the back of increased investment in infrastructure. That said, public expenditure eased sharply on belt-tightening measures, weighing on domestic demand.
Moreover, the external sector dragged more heavily on the overall expansion than in Q1 as exports grew far more slowly than imports. Turning to the third quarter, available data points to a further easing of activity. Although the manufacturing PMI recovered strongly in July, it fell in August and hinted at an overall slowdown in the sector. Furthermore, merchandise exports plunged more sharply in July on lower shipments of fuels.

Market Trend

After a positive period ended in the 2014 with the current all time record of  326.0213 units, the Colombian vehicles market started a decline with sales dropped down at 253k in the 2016 and then, hit also by the 3 points of VAT increase applied since January 2017, at the lower peak in this decade, hit in the 2017 with 238.132 sales.

Finally in the 2018 the market was able to change direction and to post a positive score, with 256.662 sales, up 7.9%,

According to data released by ANDI, the Colombian Associations of Car Manufacturers, the start of 2019 was again in negative territory with January sales at 15.652 (-3.0%). February’s sales were slightly positive (+0.5%) with 18.098 units.

In March, the market keeps growing even more, recording +2.9% with 19.802 units. The Q1 figures were 53.567, leading to a slightly positive outcome (+0.4%).

In April sales records   -2.5% with 19.346 units, while in May sales grow faster (+8.3%) with 21.906 units sold. June registered a 5.2% improvement, with 18.799 units sold.

In July, the market surged by 18.4% with 22.463 sales, while in August registrations marginally improved (+9.3%) with 22.910 units sold, leading year-to-date figures at 159.103 (+5.3%).

Market Outlook

After the recent years’ negative trend, the Colombian market is seen to moderately recover in the 2019-2025 period of time. However, risks to the short-term outlook stem from lower oil prices and less favourable global financial conditions.

Being interested to know more, give a look at this updated research. Clicking on the picture, you can see contents.

Competitive Arena

At brand wise, the year-to-date market leader was Renault with 35.170 sales (+18.8%) with 22.1% of market share, only a few units ahead of Chevrolet with 28.743 (-9.6%).

In order to react to Chevrolet’s decline, General Motors planned to introduce 5 new models this year, such as the new Blazer, the new generation Captiva and the Baojun 530.

In third place, Nissan with 13.425 sales (-3.8%), followed by Mazda with 13.035 (+3.2%), Kia with 12.446 (-4.6%), Toyota with 9.467 (+14%), Volkswagen with 8.401 (+10.1%), Ford with 7.253 (-4.6%), Suzuki with 5.534 (+17.2%) and Hyundai with 3.390 (+8.5%).

At model wise, the market leader was still the Renault Sandero with 12.065 units (-6%) followed by the Renault Logan with 6.736 (-5.4%) and the Renault Duster with 6.025 (-0.1%).

To see the Colombian Best Selling Car Ranking in this and the previous years, you can visit the dedicated section.

Rank 2019Rank 2018BrandSales Aug YTD 2019Sales Aug 2019+/- YTD 2019+/- Aug 2019Share YTD Aug 2019Share Aug 2019
12Renault35.1705.01218,8%30,8%22,1%21,9%
21Chevrolet28.7433.963-9,6%-3,1%18,1%17,3%
33Nissan13.4251.797-3,8%-2,1%8,4%7,8%
45Mazda13.0351.7453,2%-14,0%8,2%7,6%
54Kia12.4461.813-4,6%-5,1%7,8%7,9%
66Toyota9.4671.37214,0%18,7%6,0%6,0%
77Volkswagen8.4011.48610,1%46,5%5,3%6,5%
88Ford7.253883-4,6%-17,1%4,6%3,9%
99Suzuki5.53493317,2%21,0%3,5%4,1%
1010Hyundai3.3905508,5%23,6%2,1%2,4%
1111Mercedes2.77537922,6%2,4%1,7%1,7%
1212BMW2.2223408,7%32,3%1,4%1,5%
1314Honda1.80327121,5%17,3%1,1%1,2%
1415Foton1.62325811,3%29,0%1,0%1,1%
1413JAC1.623210-9,3%-7,9%1,0%0,9%
1516Fiat1.2591622,4%-1,2%0,8%0,7%
1617Jeep1.06211121,4%-30,6%0,7%0,5%
1722Peugeot1.05215355,4%51,5%0,7%0,7%
1826Volvo932207101,3%93,5%0,6%0,9%
1919Subaru89712510,3%28,9%0,6%0,5%
2018Mitsubishi8801388,0%56,8%0,6%0,6%
2120Audi85913510,4%23,9%0,5%0,6%
2225Citroen74516260,1%145,5%0,5%0,7%
2337Dongfeng712941324,0%0,4%0,4%
2421DFSK704150-5,4%47,1%0,4%0,7%
2524Changan499662,5%-59,0%0,3%0,3%
2627Mini4517044,6%16,7%0,3%0,3%
2723Dodge415105-31,9%43,8%0,3%0,5%
2830Baic2453549,4%16,7%0,2%0,2%
2929Land Rover17622-10,2%-33,3%0,1%0,1%
3033Mitsubishi Fuso1441875,6%-45,5%0,1%0,1%
3036MG14418152,6%157,1%0,1%0,1%
3131Seat12015-14,3%-42,3%0,1%0,1%
3250GAC Gonow88110,1%0,0%
3240Porsche881191,3%57,1%0,1%0,0%
3343Golden Dragon8010370,6%233,3%0,1%0,0%
3332Great Wall8010-7,0%400,0%0,1%0,0%
3439Skoda72950,0%125,0%0,0%0,0%
3435Jaguar72914,3%-40,0%0,0%0,0%
3528SsangYong648-70,2%-80,5%0,0%0,0%
3544Lifan648481,8%700,0%0,0%0,0%
3550Geely6480,0%0,0%
3634Mahindra567-18,8%-68,2%0,0%0,0%
3750Hafei3240,0%0,0%
3750Higer3240,0%0,0%
3746Brilliance324540,0%0,0%0,0%
3847BYD243500,0%0,0%0,0%
3948Cadillac162433,3%0,0%0,0%
3945Maserati162166,7%100,0%0,0%0,0%
4050Chana810,0%0,0%
4050Maxus810,0%0,0%
4149Infiniti1-25,0%0,0%0,0%

Rank 2019Rank 18GroupSales Aug YTD 2019Sales Aug 2019+/- YTD 2019+/- Aug 2019Share YTD Aug 2019Share Aug 2019
11Renault Nissan Alliance49.4766.94711,5%20,7%31,1%30,3%
22General Motors28.7593.965-9,6%-3,1%18,1%17,3%
33Hyundai-Kia15.8362.363-2,0%0,3%10,0%10,3%
44Mazda13.0351.7453,2%-14,0%8,2%7,6%
55Volkswagen Group9.5401.65610,4%42,8%6,0%7,2%
66Toyota Group9.4671.37214,0%18,7%6,0%6,0%
77Ford Group7.253883-4,6%-17,1%4,6%3,9%
88Suzuki5.53493317,2%21,0%3,5%4,1%
911Mercedes Daimler2.91939724,4%-1,5%1,8%1,7%
109F.C.A.2.7523801,2%-4,5%1,7%1,7%

Rank 2019Rank 2018ModelSales Aug YTD 2019Sales Aug 2019'+/- YTD 2019'+/- Aug 2019
11Renault Sandero12065849-6,0%-46,8%
24Renault Logan6736966-5,4%4,8%
35Renault Duster6025867-0,1%-0,9%
42Chevrolet Spark5479466-43,4%-55,5%
58Mazda2533571644,9%-5,4%
612Chevrolet Onix507083578,3%104,2%
7146Chevrolet Beat4983658
83Kia Picanto4561604-36,3%-44,1%
9146Renault Kwid4369721
109Nissan March36594684,2%5,4%
1111Mazda CX-532604624,0%-4,0%
127Mazda32986383-31,8%-28,0%
1313Nissan Frontier28753756,3%14,0%
146Chevrolet Sail2611503-51,8%42,9%
1555Kia Eko (taxi)2576434442,3%520,0%
1610Chevrolet Tracker2467326-29,0%-24,5%
1715Volkswagen Gol2407465-2,2%65,5%
1823Ford Ecosport239527254,3%11,9%
1920Toyota Hilux222033913,2%60,7%
2022Toyota Fortuner213930116,8%17,6%
2116Nissan Kicks2129293-13,5%-26,0%
2218Toyota Prado21093332,1%23,3%
2327Suzuki Vitara206432540,7%57,8%
2419Kia Sportage20493732,7%19,2%
2560Hyundai Grand i10 sedan1874326346,2%365,7%
2614Kia Rio1820230-32,2%-33,1%
2721Nissan Versa1750229-10,5%2,7%
2724Renault Captur175029013,8%76,8%
2825Ford Escape1461194-4,3%-5,8%
29146Renault Duster Oroch1423222
3026Volkswagen Voyage1384305-7,3%39,3%

(1907)

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