54% of the quota for cars is already imported according to NES

Sources: El Universo

During the first four months of this year,  $161,1 million in vehicles were imported  i.e. 54% of the quota in dollars allowed for the import of cars, according to figures from the Servicio Nacional de Aduanas (NES).

The resolution 49 of the Committee of Trade (Comex) determined in $299,8 million as the limit or 25.617 units.

According to official statistics, a – 7% was recorded from January to April on the import of vehicles compared with that period last year.

Associations of importers, as the Ecuadorian Association Automotive, have indicated that the restriction would affect (concessionaires) businesses that already showed a decline in their sales of trucks of 10.73% in the first quarter.