Background on Key Players and Relevance
In October, Colombia witnessed a significant surge in new car sales, with 25,254 vehicles registered. This marks a 36.4% increase compared to the same month in 2024, making it the highest volume of vehicles sold this year. The Association of Private Enterprises of Colombia (ANDI) and the National Federation of Commerce (FENALCO) released a report highlighting this growth.
Understanding the relevance of these numbers requires a look at the key players in Colombia’s automotive market. Renault, Kia, Chevrolet, Toyota, Mazda, Suzuki, Nissan, Volkswagen, BYD, and Hyundai are the major brands competing for market share. These companies play a crucial role in shaping the automotive landscape and consumer preferences in Colombia.
Key Developments in October 2025
October’s new car sales figures surpassed previous records, with 25,254 vehicles registered. This is the highest monthly total since December 2024 (25,331 vehicles). With only two months remaining in 2025, the year-to-date total of 200,279 vehicles is nearing the full-year sales figure from 2024 (200,953 vehicles).
Top Performing Brands
- Renault: The French automaker reclaimed the top spot in monthly sales, registering 3,748 vehicles – a 51% increase compared to the previous year. Renault’s market share reached 14.8%.
- Kia: Although Kia had led the market for several months, it dropped to second place in October with 3,402 new car sales – a 37.5% increase from the same period last year.
- Chevrolet: Chevrolet secured the third position with 1,989 vehicles sold, marking a 23.8% growth.
- Toyota: Toyota was the only brand in the ANDI and FENALCO list to experience a decline, selling 1,939 vehicles – a 16.6% decrease from October 2024.
- Mazda: Mazda rounded out the top five with 1,683 vehicles sold, a 5.5% increase and a market share of 6.7%.
Remaining Brands in the Top Ten
Completing the top ten list of monthly sales are Suzuki (1,611 vehicles), Nissan (1,289 vehicles), Volkswagen (1,245 vehicles), BYD (1,177 vehicles), and Hyundai (1,057 vehicles).
Key Questions and Answers
- What is the significance of this growth in new car sales? This robust growth indicates a strong consumer demand for new vehicles and a healthy automotive market in Colombia. It also suggests that the country’s economy is stable and growing, as consumers have the confidence to make larger purchases.
- Who are the major players in Colombia’s automotive market? The key brands competing for market share in Colombia are Renault, Kia, Chevrolet, Toyota, Mazda, Suzuki, Nissan, Volkswagen, BYD, and Hyundai.
- Which brands experienced growth in October 2025, and which ones saw a decline? Renault, Kia, Chevrolet, and Mazda all reported sales growth in October 2025. However, Toyota was the only brand to experience a decline in sales during the same period.
