Ecuador 2016. Sales at lowest since 2005

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Ecuador Auto Market 2016 dropped at the lowest since 2005 hit by the harsh recession started in the 2015 and still in place. Chevrolet kept a save gap over Kia and Hyundai despite losing 29% of sales.

Ecuador’s economy is in recession since 2015 and the 2016 was really harsh due to subdued oil prices, a strengthened dollar and the aftermath of April’s earthquake. In the second half the economy stabilized but not recovering yet.

The hard environment hit deeply the demand for new vehicles and in the 2016 the market dropped severely, following the collapse reported in the previous year, when sales fell from the record of over 200.000 units hit in the 2014 at a poor 81.000.

In the 2016, according to data released by the AEADE, the total vehicles sales had been 63.174, down 22.3%, the lowest since 2005.

Losing 29% of sales, the market leader Chevrolet has eroded the wide gap over the followers and now they are on the shoulders, starting from Kia and Hyundai.

The economy is expected to emerge from recession this year, thanks chiefly to rising oil prices. The outlook is still subject to revision, depending on the outcome of the elections (in February 2017).

Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will always have the year to date data updated.

Rank JuneRank H1 2016BrandSales JuneSales H1 2016Var JuneVar H1 2016Share JuneShare H1 2016
11Chevrolet96513.573-65,1%-34,7%38,6%51,1%
22Kia2352.312-63,1%-39,5%9,4%8,7%
43Hyundai1651.815-65,1%-36,1%6,6%6,8%
64Nissan1441.244-54,5%-34,4%5,8%4,7%
35Mazda1681.218-44,8%-33,3%6,7%4,6%
56Toyota1481.121-51,4%-38,6%5,9%4,2%
77Hino1211.111-57,1%-34,4%4,8%4,2%
88Great Wall64714-68,6%-41,5%2,6%2,7%
99Ford60585-59,5%-34,1%2,4%2,2%
1110Renault45370-52,1%-34,4%1,8%1,4%
Rank 2016Rank 2015GroupSales 2015Sales 2016Variation 2016Share 2016Share 2015
11General Motors40.26528.376-29,5%44,9%49,5%
22Hyundai-Kia13.32613.4160,7%21,2%16,4%
33Toyota7.0365.102-27,5%8,1%8,7%
44Renault-Nissan4.9464.226-14,6%6,7%6,1%
56Great Wall Motors2.4452.71711,1%4,3%3,0%
65Mazda3.6512.546-30,3%4,0%4,5%
77Ford1.7711.644-7,2%2,6%2,2%
88Volkswagen1.4231.095-23,0%1,7%1,8%
911Dongfeng Motor77497225,6%1,5%1,0%
109Chery Automobile1.059878-17,1%1,4%1,3%