In January, 13,872 new vehicles were registered in Colombia, the lowest figure in the last ten years

Bogotá (2,112) led the national market for new license plates during January. colpress

According to figures from the Single National Traffic Registry (Runt) and calculations from the National Association for Sustainable Mobility (Andemos), in January 2023, 13,872 new vehicles were registered in the country, the lowest figure in the last ten years. This represented a negative variation of 20.2% compared to the same period of the previous year when 17,390 were registered.

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The most recent figures from the RUNT ensure that there are motorcycles to a greater extent. During 2022 these were the ones that registered the most

Bogotá (2,112), Funza (1,591), Medellín (980), Cali (937) and Sabaneta (846) led the national market for new license plates during January.

By segments, the dynamics of cargo vehicles stands out, which grew by 90.2% for those of more than 10.5 tons and 24.6% for those of less than 10.5 tons.

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The five brands that led the market during January were Chevrolet (2,325), Renault (2,295), Toyota (1,543), Mazda (1,094) and Kia (1,057). Regarding premium brands, Mercedes Benz continues in the lead with 130 (-69.6%) new registrations in January, in second is BMW with 100 registrations (-67.2%) and Audi with 52 (52.9%).

According to the president of Andemos, Oliverio García Basurto, the drop in sales is partly induced since the Bank of the Republic decided to drastically increase interest rates and bring them to more than 12% to contract the economy and the results of this decision are being seen. In addition, the prices of vehicles increased significantly in the last year with a negative impact on demand.

“The figures also indicate that the Gross Domestic Product (GDP) should be contracting according to forecasts for 2023. So if we want to preserve jobs and revenue, we must work from the State on public policies that encourage the dynamics of the sector due to its multiplier effect on the economy,” said Oliverio García Basurto

Electric vehicles (BEV) presented their first drop after twelve consecutive months of growth and plug-in hybrids (PHEV) continue their negative trend, which began in September last year. For their part, hybrid electric vehicles (HEV) reached a positive variation of 14.7%. However, this technology is threatened by the limited annual tariff preference quota that ran out in January, so it is expected that this technology will also start to contract in the rest of the year.

“It is important that the National Development Plan (PND) deepen incentives for electric and hybrid vehicles so that these technologies continue to grow in the market due to their climate impact and air quality,” added García Basurto.

Other factors that affected January registrations are the delays in the Environmental Licensing Agency (Anla) with the issuance of some certificates of emissions by dynamic test (CEPD) necessary to nationalize the vehicles.

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According to the technical director of Andemos, Rodrigo Ánjel, since November 2022 there have been delays in the issuance of some CEPDs.

“If the CEPD does not exist, the vehicles remain in ports or in free zones waiting for the import declarations to be approved with the approved CEPD, which can affect the number of new registrations,” Ánjel pointed out.

Regarding motorcycles, Andemos indicated that the sales figures in the country are overwhelming, since a new motorcycle is sold every minute in the country. This association noted that in Colombia for each new vehicle that is registered, more than three motorcycles take to the streets.

“In less than a minute a new motorcycle is sold. For each vehicle that is registered, approximately 3.1 new motorcycles go into circulation,” the president of the Andemos automotive union, Oliverio García, told Semana.

And it is that the figures clearly show that the sale of cars has only been 4%, while the purchase of motorcycles in the country is 10%.

Among the conclusions reached by the experts is that it is increasingly easier to acquire a motorcycle and the credits are more flexible, not to mention that the value of these is less than that of a car.

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