Premium Brands Expand Despite Sales Fears

Premium brand automakers have remained upbeat about expansion in Colombia despite a staggering 23% year-on-year (y-o-y) fall in new vehicle sales in 5M09, just-auto.com has reported. BMI believes that they are looking to tap potential as annual sales are expected to increase up to 250,400 units by 2013, a complete recovery from the crisis level of 199,933 units expected this year.

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