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Chevrolet Colombia Sales Fell 40 Percent In May 2023

Chevrolet Colombia sales decreased 40 percent to 1,954 units in May 2023. The figures place Chevrolet as the country’s third-best-selling automobile brand during the month, behind Toyota and Renault.

Individual model sales performance was as follows:

During the first five months of the 2023 calendar year, Chevrolet Colombia sales decreased 40 percent to 10,004 units.

Sales Results - May 2023 - Colombia - Chevrolet

MODELMAY 2023 / MAY 2022MAY 2023MAY 2022YTD 2023 / YTD 2022 YTD 2023YTD 2022
BEAT0.00% 11-99.32%4 584
BLAZER-63.89% 2672-3.11%156 161
BOLT EUV* 7**53 *
CAMARO-33.33% 23+50.00%15 10
CAPTIVA-26.24% 104141-41.20%665 1,131
COLORADO-28.24% 6185-27.73%404 559
COMMERCIAL TRUCK-18.49% 335411+2.17%1,838 1,799
EQUINOX+2,900.00% 301+7,850.00%159 2
N400-65.58% 53154-25.40%282 378
NHR-57.27% 97227-28.65%655 918
ONIX-45.52% 7851,441-57.38%3,426 8,039
SILVERADO* 26**108 *
TAHOE+1,600.00% 171+285.00%77 20
TRACKER-46.57% 296554-17.85%1,804 2,196
TRAILBLAZER-97.62% 142-55.38%83 186
TRAVERSE-70.97% 931-3.53%82 85
CHEVROLET TOTAL-40.37% 1,9543,277-40.09%10,004 16,698

The GM Authority Take

The steep decrease in Chevrolet Colombia sales in May exacerbates the Bow Tie brand’s struggles in the South American country, causing a fall from second to third place among the country’s best-selling brands, having been surpassed by Toyota and Renault. Despite having experienced a slower rate of decline than during other months, May’s performance represents Chevrolet’s seventh consecutive monthly contraction in the Colombian market.

The vast majority of Chevrolet models offered in Colombia suffered large double-digit declines in May, including a sharp year-over-year contraction of the best-selling Chevy Onix. The popular subcompact car reduced its sales volume by 656 units year-over-year due to a drop in inventory. We expect Onix figures to stabilize and improve in the coming months as local production of the affordable Joy variant increases at the local GM Colmotores plant.

The only Chevy models that were in the green in May were the low-volume Chevy Equinox and Tahoe. Though both nameplates saw four-digit gains, their impact to the bottom line was virtually insignificant, totaling a combined 47 deliveries. In addition, the Chevy Silverado – recently introduced in Colombia – similarly maintained a low volume.

About The Numbers

  • All percent change figures compared to Chevrolet Colombia sales for May 2022, unless noted otherwise

Further Reading & Sales Reporting

Deivis is an engineer with a passion for cars and the global auto business. He is constantly investigating about GM's future products.

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