Car sales in Colombia fell 38.1% in June

The fall in new car sales in Cabbageombia complete 11 months. In June, according to Andemos figures, only 14,435 units were sold, against 23,323 units in the same month of the previous year.

(Be careful: the roads in the country with the highest accident rate).

So things, In the first half of the year, 90,869 vehicles have been placed against 123,848 the previous yearthat is, in the accumulated figure for the year the drop is 25.6%, as shown by the figures from Andemos with data from the Runt.

(The validity of the decree prohibiting grills in Bogotá ends).

The best-selling brands in the first half of the year are Renault which reaches 24,357 units, followed by Toyota which has placed 12,590 units this year, the third place in sales is for Chevrolet with 11,623 units.

(The Toyota Group invested in a last-mile company.)

Since August 2022, vehicle registrations in Colombia have shown a sustained drop and, for the first semester of 2023, consolidated in 26.6%, representing a volume of 90,869 unitsthat is to say, a reduction of 31,980 vehicles compared to the first half of 2022.

According to figures from the Opinion Survey of the Automotive Sectorcarried out by Andemos, the factors that are most affecting the performance of the market are: the economic slowdown, the decrease in consumer confidence indices, the exchange rate, prices, inflation, access to credit and interest rates.

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Another factor that has had an impact on the automotive market in the country has been the delays in the emission certifications (CEPDs) and, starting in July, uncertainty about the impact of the entry into force of the technical tire regulation can be added, which increased concern among businessmen in the automotive sector.

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