Page 262 - B2B All Year Round Vol.8
P. 262
Average growth in vehicle sales of 6% is expected between
2021 and 2025
Vehicle sales * in Colombia
Units
Sales growth drivers
253,395 256,052 263,320
237,957 218,504 228,668 Broad access to
199,237 204,479 210,817 financial market.
188,665
Middle class growth.
Increasing disposable
income.
2016 2017 2018 2019 2020 2021e 2022e 2023e 2024e 2025e
Source: ANDI-FENALCO and ANDEMOS. Estimates by Fitch Connect.
13 * It refers to vehicles registered in the RUNT (National Transit Register) as registrations of new vehicles.
