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Colombia Autos Report 2016

Colombia Autos Report 2016

BMI View: A combination of a weakening peso and the likelihood of further interest rate rises in H116 bothpose significant challenges to Colombia's new vehicle sales market in 2016. We are targeting a 3% increasein sales, with commercial vehicles set to outperform passenger cars.

Key Views

Vehicle sales have fallen sharply over 2015, against the backdrop of a slowdown caused by a drop in theglobal oil price.

In this weak environment, heavy trucks have proved the outperformers, falling by only 1.3%, comparedto a 10.5% fall across the market as a whole.

We expect the outperformance by commercial vehicles over passenger cars to continue over 2016-2017,although passenger cars will continue to represent the lion's share of all vehicles sold in Colombia.

Colombia is becoming increasingly attractive as a location for automakers, with Chinese carmaker BeiqiFoton Motor and Indian motorcycle maker Hero MotoCorp both opening new plants over 2015.


BMI Industry View
Key Views
SWOT
Industry Forecast
Table: Autos Total Market - Historical Data And Forecasts (Colombia 2013-2019)
Latest Developments
Sales Set For A Challenging Few Years
Production Set For Steady Growth Over Our Forecast Period
Public Transport A Growth Area For Alternative Fuels
Passenger Vehicles
Table: Passenger Car Market - Historical Data And Forecasts (Colombia 2013-2019)
Latest Developments
Table: Colombia - Top 10 Best-Selling Brands, 10M15
Commercial Vehicles
Table: Commercial Vehicle Market - Historical Data And Forecasts (Colombia 2013-2019)
Latest Developments
Industry Risk Reward Index
Mexico Move Reflects Investor Activity
Brazil On The Bubble
Central America A Work In Progress
Company Profile
Colmotores
Sofasa
Regional Overview
Table: Latin America - Autos Production Investment
Demographic Forecast
Table: Population Headline Indicators (Colombia 1990-2025)
Table: Key Population Ratios (Colombia 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Colombia 1990-2025)
Table: Population By Age Group (Colombia 1990-2025)
Table: Population By Age Group % (Colombia 1990-2025)
Methodology
Industry Forecasts
Sector-Specific Methodology
Sources
Risk/Reward Index Methodology
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators

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