Sales of new cars in Ecuador increased in 2014, according to the CAN

The export of vehicles in Ecuador would have grown by 28.5% between January and December 2014, according to the Andean Community of Nations (CAN for its Spanish acronym). Last year, sales of the Ecuadorian market totaled 8,368 cars, while in 2013 these were 6,514. Colombia was...

Government announces that electric cars will not pay tariffs

The Committee of Foreign Trade (Comex) decided to eliminate tariffs and quotas for imports of electric cars as well as for the manufacture of CKD (bits and pieces). As a result, between $ 30,000 and $ 40,000 would be the cost of an electric vehicle in Ecuador, said...

The 40% of sold cars in Ecuador are of Asian brands

Of the 52 brands of vehicles that were sold in 2013 in Ecuador, 21 correspond to Asian countries like China, Japan, South Korea and India, according to figures from the Association of Automotive Enterprises of Ecuador (Aeade for its Spanish acronym). This means that about the 40%...