Across our forecast period to 2027, we forecast new vehicle sales to show average annual growth of 6.2%. This will make for total annual new vehicle sales of just under 225,000 units by 2027. We expect stronger growth rates from PV sales (average annual growth of 6.7%) than CV sales (average annual growth of 4.4%), as incomes rise and more Ecuadorean consumers are able to afford a new car.

Key View

SWOT

Industry Forecast

Industry Forecast Scenario

Passenger Vehicles

Commercial Vehicles

Motorcycles

Industry Risk/Reward Index

Americas Autos Production Risk/Reward Index

Americas Autos Sales Risk/Reward Index

Ecuador Autos Production Risk/Reward Index

Ecuador Autos Sales Risk/Reward Index

Company Profile

Chevrolet

Regional Overview

Latin America Overview

Ecuador Demographic Outlook

Autos Methodology