Industry Report March 2018

In March, the national vehicle production was 49,655 units, 27% more compared to February and 25.2% over the same month's record last year.

The sector exported 27,702 vehicles, which means, 44% more in relation to February, and 58.2% over the volume recorded in March 2017.

In wholesale sales, the sector marketed to the dealer network 79,562 units, volume that was placed 7.9% over the previous month, and grew 15.4% compared to the performance of March last year.

With 20 working days of production, the automotive terminals produced 49,655 vehicles, that is, 27% more compared to the volume recorded the previous February and 25.2% over the 39,675 units produced in the same month last year.

In the first quarter accumulated, the sector reached 110,598 units produced (cars and utilities), which marked a 20% growth in its comparison with the 92,154 units which were produced in the same period of the previous year.

The number of vehicles exported during March rose to 27,702 units, which showed a 44% growth in comparison with February. If the comparison is with the same month of 2017, the shipment growth was 58.2 percent.

Between January and March, a total of 57,348 vehicles were exported, which means, a 42.7% growth was recorded compared to the same period last year when 40,193 units were exported.

Continuing with the data recorded in March the sector marketed to its dealer network 79,562 units, a 7.9% more compared to February and a 15.4% increase in its comparison with March 2017. 

Thus, in the accumulated of the first three months of the year the wholesale sale (car dealers) increased to 217,747 units, a growth of 16.4% compared to the first quarter of 2017 in which 187,062 vehicles were marketed.

In relation to the data recorded in the first quarter of the year, the president of the Association of Automotive Makers (ADEFA), Luis Fernando Peláez Gamboa, pointed that ‘The numbers we are recording month by month endorse the commitment and the work that is being done at sectorial level in various topics on the tables that were formed within the framework of the 1 Million Plan implementation’.

"The recovery of the production, after three years, responds to the improvement of the domestic demand like the recovery of Brazil and the place that the extra-zone markets were winning in our exports and on which we have been focused to improve the access," the president of ADEFA said.

In addition, Peláez Gamboa added that while there is a need for more dynamism, ‘Export participation has been improving in relation to production. For example, shipments in the first-quarter accumulated accounted for 51.9% of the production of the same period. In this sense, it is also recorded that, both production and exports, grow in percentage terms above sales by ratifying the export profile of our industry. A profile that requires us to remain working on the continuous improvement of competitiveness to be able to access with better conditions and to more markets in a world with increasing competition. "

Press 04/05/18

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