Colombia | Automotive Outlook. May 2026

Summary

The Colombian automotive sector experienced a strong recovery in 2025 and has further accelerated its momentum in 2026. Growth has been driven by improved household consumption, the rise of utility vehicles, and the advancement of hybrid and electric technologies.

Key points

• Key points:
• In 2025, 254 thousand units were sold, compared to 201 thousand in 2024, representing a 26.5% increase over the year. Meanwhile, cumulative sales through March 2026 grew by 47.8% year-on-year.
• Utility vehicles consolidated their structural leadership with a 56.6% share of the total market in 2025.
• Hybrid and electric vehicles accounted for 34% of total sales in 2025, reaching 87.7 thousand units sold, compared to 51.9 thousand in 2024.
• The market is showing greater diversification toward intermediate cities, new brands, and new technologies.
• In 2026, the sector is expected to continue performing well, with stronger momentum in the first half of the year.

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