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05 Dec 2018, Radoslav Yordanov, EMIS Editor

Automotive sales in Colombia soar 24.4% y/y in November

New automotive sales in Colombia jumped 24.4% year-on-year to 26.245 units in November, CEEMarketWatch reported citing figures released by the National Federation of Merchants (Fenalco). This is sector’s best result so far this year and shows clear recovering trend over the last months.

In this regard, automotive sales average growth reached 14.8% y/y in September-November period, a sharp improvement compared to the 0.5% average decline recorded in June-August.

Overall, sector’s sales rose 5% y/y to 233.333 units in January-November period, recovering from the modest 0.8% y/y growth posted in H1.

Sign in and read the full article in emis.com, and find out more about EMIS. Original source: CEEMarketWatch - Daily News