Colombia | Automotive Outlook 2015.
Published on Wednesday, March 25, 2015 | Updated on Monday, May 25, 2015
Colombia | Automotive Outlook 2015.
Summary
Car sales are expected to slow down to 290,000 and 305,000 units in 2015 and 2016, respectively, with a greater share of local assembled vehicles of total sales. The potential for growth in the sector in the medium term remains unchanged. We forecast an increase in the price of vehicles because of the exchange rate depreciation.
Geographies
- Geography Tags
- Latin America
- Colombia
Topics
- Topic Tags
- Macroeconomic Analysis
- Consumption
- Auto Industry
Authors
Mariana Toro
Eugenio José Camacho
Mauricio Hernández
BBVA Research - Principal Economist
Juana Téllez
BBVA Research - Chief Economist
Fabián Mauricio García
María Claudia Llanes
BBVA Research - Senior Economist
José Vicente Romero