BMI View: A combination of a weakening peso and the likelihood of further interest rate rises in H116 both
pose significant challenges to Colombia's new vehicle sales market in 2016. We are targeting a 3% increase
in sales, with commercial vehicles set to outperform p ..."
BMI forecasts vehicle sales in Colombia to increase 6% in 2014 on the back of steady improvements in the
economy and low base effects from declining sales in 2013. We expect this positive momentum to continue
into 2015, predicting another year of 6% growth. In terms of Colombia ..."
BMI forecasts vehicle sales in Colombia to decrease 3.2% in 2013, due to a 3.4% expected decline in the
passenger car segment and a 2.9% drop in the CV segment.
In 2013, BMI forecasts a 13% drop in vehicle production on the back of a 15% decline in passenger car ..."
Colombia’s auto industry experienced a disappointing 2012, with new vehicle sales falling 3% year-onyear (y-o-y) in the first 10 months of the year, to just 260,013 units, according to the Automotive Chamber of the National Business Association of ..."