Automobile gross sales fell in Could, which manufacturers promote the least in Colombia?

2024-06-01 19:34:11

14:09

It’s clear that the automotive trade He’s not going by means of his greatest second. In truth, stated market had a drop of 29%, similar to 186,000 fewer items on the finish of final 12 months. Though commerce confirmed an enchancment in April 2024, gross sales fell once more in Could.

The issue is that gross sales are nonetheless low. Precise, The Sustainable Mobility Affiliation (Ademos) revealed that for Could commerce fell by 5.5%, by promoting 14,828 items, that’s, 867 autos had been not offered in comparison with the identical month final 12 months.

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And if there’s any doubt concerning the influence on commerce, simply check out the habits to this point in 2024. Commerce additionally fell in January, February and March. Solely in April was there a rise of 11.2% in comparison with the identical interval in 2023.

Now, should you take a look at the variety of gross sales within the collected 12 months (January-Could), the outlook is worse. It’s because residents purchased 70,710 new autos in that interval, which implies a lower in comparison with the 76,434 offered in the identical months in 2022.

By manufacturers

The king of the brand new car market in Colombia continues to be Toyota, The famend truck firm has offered 10,981 items between January and Could 2024. A giant benefit towards the opposite, which is Reanault with 8,732 automobiles offered; Chevrolet follows with 7,990 and Kia with 7,695. Beneath are Mazda (6,250) and Nissan (4,358).

Probably the most pronounced fall is for the standard Renault, which has offered 3,601 fewer items in comparison with January-Could 2023. The market fell 29.2%. Chevrolet bosses should not be doing effectively both, they’ve offered 20.1% much less in the identical interval. Then comply with Hyundai (-19.7%) and Suzuki (-12.7)

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An enchancment

It must be famous that financial uncertainty, the rise in rates of interest and the rise in credit score costs have been decisive components on this decline, making it troublesome for a lot of Colombian shoppers to amass new autos, along with the rise in gasoline costs of greater than 6,000 {dollars}. , between 2022 and January this 12 months.

However, The market has expectations of an enchancment for the remaining months of this 12 months, because the Financial institution of the Republic’s intervention price is falling as inflation continues to ease, and so credit score will likely be extra inexpensive and value volatility will cool. Which means just one factor: higher client urge for food.

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It’s no coincidence that the Andi Automotive Business Chamber and Fenalco estimated in January that gross sales of latest autos this 12 months might finish at 190,000 items, which might characterize a slight improve of two% in comparison with what was marketed in 2023.

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