Colombia Autos Q1 2020

Key View:

We forecast vehicle sales to decrease by 0.4% in 2019 and grow by 4.4% in 2020. The vehicle market rebounded in 2018after sales dropped in the 2015-2017 period and we expect the market to remain in the positive growth territory over our 10-yearforecast. We expect the improving consumer spending and macroeconomic conditions will provide a solid base for passengervehicle sales to grow in 2019-2020. Three key macroeconomic variables add further upward momentum to the acceleration in newvehicle sales in 2020: an uptick in economic growth, improving employment situation and lower inflation.


Key View
SWOT
Autos SWOT
Industry Forecast
Industry Forecast Scenario
Passenger Vehicles
Commercial Vehicles
Industry Risk/Reward Index
Americas Autos Sales Risk/Reward Index
Americas Autos Production Risk/Reward Index
Colombia Autos Sales Risk/Reward Index
Colombia Autos Production Risk/Reward Index
Company Profile
Colmotores
Sofasa (Renault)
Regional Overview
Autos Investment Round-Up: Supply Chain Booming Following OEM Investments
Colombia Demographic Outlook
Autos Methodology

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook