Colombia 2017. Vehicles sales down 6% hit by economic crisis

0
jag1.csv

Colombian Car Sales kept the negative momentum in the 2017 losing 6% and falling at lowest in last 17 years. Bad news from economic recovery, with S&P’s credit rating downgrade, could further penalize consumer confidence. 

Colombia’s economic recovery following last year’s oil price shock likely lost some steam. Industrial output dropped in October, albeit at a considerably more moderate rate. Retail sales swung to contraction, signaling a slowdown in private consumption, as consumer confidence deteriorated in the month. Export growth slowed again in November, declining at a faster rate than imports. On the flipside, November saw a slight lift in consumer confidence, which is likely to have fueled higher household consumption in the month. The government reduced its 2017 calendar year budget amid lower-than-expected tax revenues and S&P’s credit rating downgrade on 11 December to meet fiscal targets.

Colombian vehicles market established the all time record in the 2014 with 326.023 sales, before to suffer for the economic crisis and decline to 253.291 in the 2016 ,the worse figure out of last 6 years. The introduction in January 2017 of a fiscal reform, including a 3 points of VAT increased hike, let the market in negative territory for the first part of the 2017. However, the trend is stabilizing and full year sales should be only marginally down, before to start recovering in the 2018, projected above 262.000. According to data released by ANDI, the Colombian Associations of Car Manufacturers, new vehicles sales in the full year 2017 have been 238.132 (-6.0%).

 Sales 2012Sales 2013Sales 2014Sales 2015Sales 2016Sales 2017Sales 2018 e
Car+LCV307.697281.818323.252275.719248.253233.318247.536
HCV7.2765.81410.6647.5485.0384.8145.207
Total314.973287.632333.916283.267253.291238.132252.743

 2012 Var2013 Var2014 Var2015 Var2016 Var2017 Var2018 var e
Car+LCV-4,5%-8,4%11,9%-12,6%-10,0%-6,0%6,1%
HCV-4,5%-20,1%83,4%-29,2%-33,3%-4,4%8,2%
Total-4,5%-8,7%13,3%-13,1%-10,6%-6,0%6,1%

At brand wise, albeit losing in double-digit the market leader was Chevrolet with 51.253 sales (-14.3%) followed by Renault with 46.863 (-8.0%) and Nissan, advanced in third, with 21.076 units (+15.5%).

Behind, Kia with 19.810 units (-24.7%) followed by Mazda with 18.700 (+3.1%), Ford with 15.166 (-5.1%), Toyota with 9.596 (+12.4%),  Volkswagen with 9.265 (+7.7%) and Hyundai with 8.596 units (+43.8%).

At model wise, the market leader is the Chevrolet Spark with 16.874 units (-1.7%) followed by the Chevrolet Sail with 14.344 (-7.5%) and the Renault Sandero (not including Stepway) with 11.585 (-30.8%).

Research, Consulting, Data & Forecast

F2M covers intensively this market with several products developed to help any investigation required. Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2022. AutoData in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end.  See details within Colombia Store.

Rank 2017Ran DecBrandSales 2017Sales DecVariation 2017Variation DecShare 2017Share Dec
12Chevrolet51.2534.599-14,3%-32,7%21,5%18,1%
21Renault46.8634.741-8,0%-27,8%19,7%18,6%
35Nissan21.0762.11815,5%-19,4%8,9%8,3%
43Kia19.8102.371-24,7%-25,6%8,3%9,3%
54Mazda18.7002.2413,1%-4,0%7,9%8,8%
67Ford15.1661.327-5,1%-39,2%6,4%5,2%
76Toyota9.5961.45912,4%10,8%4,0%5,7%
89Volkswagen9.2651.0657,7%-42,1%3,9%4,2%
98Hyundai8.5961.20743,8%678,7%3,6%4,7%
1010Suzuki7.2608425,0%-27,7%3,0%3,3%
1111Mercedes3.432377-20,3%-53,9%1,4%1,5%
1212JAC2.84935820,4%5,3%1,2%1,4%
1314BMW2.80927311,6%-48,4%1,2%1,1%
1415Foton2.1802391,6%-7,7%0,9%0,9%
1513Hino1.987309-26,8%27,2%0,8%1,2%
1617Honda1.9811973,1%-42,1%0,8%0,8%
1718Mitsubishi1.374183-9,4%-12,4%0,6%0,7%
1821Audi1.189143-19,0%-57,1%0,5%0,6%
1920Subaru1.15715313,3%-20,3%0,5%0,6%
2024Dodge1.10082-8,8%-64,8%0,5%0,3%
2116Dongfeng928224-1,5%190,9%0,4%0,9%
2233DFSK809612,4%0,3%0,0%
2322Peugeot799119176,5%153,2%0,3%0,5%
2419Jeep736157-12,4%-12,8%0,3%0,6%
2534Chery7345-63,1%-97,7%0,3%0,0%
2623Volvo65596-20,1%-44,2%0,3%0,4%
2726Citroen54057142,2%42,5%0,2%0,2%
2820Changan493153-40,3%-7,8%0,2%0,6%
2925International46276-20,2%10,1%0,2%0,3%
3027Great Wall45339-1,3%-18,8%0,2%0,2%
3128SsangYong37329-51,7%-82,1%0,2%0,1%
3234Mini3305-20,5%-94,9%0,1%0,0%
3329JMC277102,6%-68,8%0,1%0,0%
3433Land Rover263625,8%-72,7%0,1%0,0%
3534FAW209545,1%-70,6%0,1%0,0%
3634Baic1985-44,4%-85,3%0,1%0,0%
3729Fiat1871012,0%400,0%0,1%0,0%
3734Mitsubishi Fuso1875
3829Seat15210
3931MG1288
4030Skoda1269
4130Scania1189
4233Freightliner1156
4337Agrale1072
4436Changhe883
4530Mahindra819
4632Porsche787
4733Jaguar756
4836Lifan683
4933Iveco676
4936Kenworth673
5036DAF663
5133Yuejin586
5137Lexus582
5236Mack543
5329Baic Kenbo5010
5435Yutong414
5535Landwind404
5637Golden Dragon312
5734Brilliance305
5837Sinotruck252
59BYD23
6038Shinerary181
6137Maserati152
6238QILING131
63Joylong12
6435Cadillac114
64Higer11
65DFLZ6
66Tri Ring5
67ZNA4
68Geely3
69Ferrari2
69Infiniti2
69DS2
70Jinbei1
70Caterham1
70Chrysler1
70Maxus1
70Daewoo1
70Smart1
Rank 2017Ran DecGroupSales 2017Sales DecVariation 2017Variation DecShare 2017Share Dec
11Renault Nissan Alliance69.3197.042-2,0%-25,1%29,1%27,7%
22General Motors51.2654.603-14,3%-32,7%21,5%18,1%
33Hyundai-Kia28.4063.578-12,0%7,0%11,9%14,1%
44Mazda18.7002.2413,1%-4,0%7,9%8,8%
56Ford M.C.15.1661.327-5,1%-39,2%6,4%5,2%
65Toyota M.C.11.6411.7702,2%13,1%4,9%7,0%
77Volkswagen Group10.9281.2434,6%-44,1%4,6%4,9%
88Suzuki7.2608425,0%-27,7%3,0%3,3%
99Mercedes Benz3.620382-22,3%-55,0%1,5%1,5%
1011BMW3.1392787,1%-55,7%1,3%1,1%
Rank 2017Rank DecModelSales 2017Sales DecVariation 2017Variation Dec
12Chevrolet Spark16.8741.775-1,7%11,1%
23Chevrolet Sail14.3441.717-7,5%26,7%
310Renault Sandero11.585578-30,8%-83,7%
47Renault Logan11.064691-11,1%-43,2%
518Kia Picanto9.385399-19,1%-66,4%
69Renault Duster8.369623-37,6%-49,6%
74Mazda37.5321.111-15,7%38,2%
826Renault Stepway7.29917050,1%
91Mazda26.7592.70836,0%435,2%
105Chevrolet Tracker6.2471.024-20,7%31,6%
1114Ford Fiesta5.860470-2,0%1,1%
128Nissan March4.963681-8,5%32,5%
136Kia Rio4.413748-32,9%21,2%
1420Mazda CX-54.35131126,5%16,9%
1512Nissan Frontier4.1935067,5%30,1%
1611Ford Escape3.3925449,3%57,2%
1726Nissan Kicks3.299170
1817Nissan Versa3.2914070,5%14,0%
1915Kia Sportage3.238462-21,2%131,0%
2026Volkswagen Gol3.220170-7,1%-66,7%
2126Chevrolet Onix3.10617021,0%-48,8%
2213Ford Ecosport2.748499-17,0%32,4%
2321Renault Clio2.667287-23,3%0,0%
2426Renault Captur2.397170
2519Chevrolet NHR2.343340
2626Chevrolet F Series2.287170-20,6%-29,2%
2716Nissan Qashqai2.27442626,3%184,0%
2826Chevrolet N Series2.167170-13,8%-19,0%
2924Toyota Prado2.097254-4,9%29,6%
3026Hyundai Tucson2.087170-4,7%-27,0%