Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Colombia

BMI Ups Sales Forecast As Consumer Confidence Remains High

July 2011 | Industry Trend Analysis

New vehicle sales in Colombia posted record sales of 27,030 units in June - up 32.6% compared with the same month last year, according to estimates from industry association Comite Automotor. That takes H111 sales up a robust 48% y-o-y, prompting BMI to revise up its sales forecast from an already optimistic 15% y-o-y rise to a nearly 22% y-o-y increase by the end of the year.

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