Recent Study: Colombia Autos Report 2013
Colombia's auto industry experienced a disappointing 2012, with new vehicle sales falling 3% year-onyear (y-o-y) in the first 10 months of the year, to just 260,013 units, according to the Automotive Chamber of the National Business Association of Colombia (ANDI). BMI has become increasingly bearish on vehicle sales in the country over the course of the past year, estimating a fall of 3% in sales in 2012, based on a reduction in consumer spending brought about by tightening credit availability...
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