The number of motorcycle sales last July was 69,777, which means a fall of 2.9% compared to the same month of the previous yearwhen 71,867 units were placed, according to reports prepared with Runt figures.
(The most valuable brands in Latin America and the world).
In addition, of the 10 brands registered by Andemos, six registered a drop in sales and the item ‘others’ also fell.
“After seeing record sales for several years in April (66,716), May (68,258) and June (67,882 units), one is already beginning to see that the pockets of Colombian buyers have begun to suffer,” says the president of Andemos , Oliver Garcia.
For the manager it is clear that the rise in The interest rates of the Banco de la República, which have already reached 9%, begin to hit the market with greater rigor. And people are already beginning to feel restrictions when consuming.
In fact, recently the manager of the UMA Group, Rafael Gaviria, in a dialogue with Portafolio, indicated that this year the country will not manage to sell one million motorcycles, and among the reasons are, according to the director, “that the dollar is very high and also that there is a risk of recession, which slows down the market”.
(‘Open banking’, beyond sharing data).
Although when looking at the figures, it is worth saying that last year a sales peak was reached in July and, from that month, they began to fall until November of the same year.
Used cars also suffer
It seems that the party of high prices of the used ones also begins to see its end. According to Runt figures and Andemos calculations, 91,045 vehicle transfers were carried out in Colombia in July, a negative variation of -8% compared to the same month last year.
In the accumulated of the year, transfers totaled 625,443 units, exceeding by 8% the transfers of the first seven months of the previous year.
For the guild, with the end of the seventh month of the year, the transfer projections contract for 2022 to 1,268,000 registrations, although they continue to be above the historical figure for 2021, when a total of 1,134,636 were registered.
Regarding the ratio of used vehicles vs. new, remains at 4.3, the same ratio as last year.
By segments, automobiles registered 53,618, with a drop of 8% in transfers, followed by utility vehicles with 19,649 and a drop of 9%.
As for the Commercial cargo item <10.5T, 5,825 were registered, which represents a reduction of 9%. The line with the largest drop was that of the Pick Up with 5,163 transfers and a contraction of 16%. On the other hand, in taxis there were 3,016 transfers that mean a growth of 16%.
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