Colombia Autos Report 2016 - Business Monitor International - Industry Reports

Colombia Autos Report 2016

Colombia Autos Report 2016 - Business Monitor International - Industry Reports
Colombia Autos Report 2016
Published Jan 02, 2016
34 pages — Published Jan 02, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

Vehicle sales have fallen sharply over ----, against the backdrop of a slowdown caused by a drop in the global oil price. In this weak environment, heavy trucks have proved the outperformers, falling by only -.- , compared to a --.- fall across the market as a whole. ...This follows Daimler opening a second bus manufacturing facility in Funza in June ---- and General Motors pledging USD---mn over four years in investment to its GM Colmotores production subsidiary in November ----. Over the medium term, a lasting peace deal between the Colombian government and the country s various left-wing insurgent groups should begin to offer strong tailwinds to economic growth, and by extension auto sales, toward the end of the decade. GM subsidiary Chevrolet remains the top-seller in Colombia, accounting for some -- of the market. ...GM subsidiary Chevrolet remains the top-seller in Colombia, accounting for some -- of the market. Other leading players in the local market include Renault, Kia, Nissan and Hyundai.

...After another challenging year in ----, when we expect new vehicle sales to have fallen by --.- y-o-y, BMI thinks the stage may be set for a modest recovery in Colombian new vehicle sales in ----. We are currently targeting -.- growth for the sector in ----, with commercial vehicles set to outperform passenger cars. ...We are currently targeting -.- growth for the sector in ----, with commercial vehicles set to outperform passenger cars. Beyond ----, we maintain a measurably positive outlook towards Colombian new vehicle sales over the medium term, targeting further growth towards the ---,--- units per annum mark. General Motors (GM) has recently announced significant investment in its local production operations, which should boost the country s overall autos output. ...General Motors (GM) has recently announced significant investment in its local production operations, which should boost the country s overall autos output. As with many other Latin American countries, Colombia is looking to promote the greater use of alternative fuels, both electric vehicles (EVs) and gas-powered.

...Many carmakers have set up local production operations over ----. Government is taking steps to improve the country s road infrastructure, which should boost demand for vehicles. ...

  
Source:
Document ID
1748-9849
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Colombia Autos Report 2016" Jan 02, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Colombia-Autos-Report-2016-2026-717>
  
APA:
Business Monitor International - Industry Reports. (2016). Colombia Autos Report 2016 Jan 02, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Colombia-Autos-Report-2016-2026-717>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.