Colombia car sales strong amidst struggling neighbors
In August, the country hit a sales record with 23,306 vehicles, up 8.7% compared to the same month last year. Volkswagen led with a 46.3% share of the market, followed by Renault (38%) and Suzuki (21%). Premium vehicle sales rose 16.8% year-over-year led by Mercedes Benz (40.8% share), BMW (32.3%), and Audi (23.9%).
Meanwhile, thanks to the new Nissan Leaf and the BMW i3, electric and hybrid vehicle sales are starting to make a larger impact on the market. According to the country’s sustainable mobility association Andemos, 222 were sold in August (99 full-electric), being 327% up year-on-year.