Manuel Murtinho, Manager of the Ecuadorian Automotive Association (AEA), said that the restriction on vehicle imports and the decreasing quota could impact the prices of new cars.
Murtinho said that would happen since more than half of the cars that were ordered to factories since mid-year for 2015 shall be returned by the concessionaires, which planned their sales without the restriction that was expected to finish last year.
This restriction is provided in Resolution 49 of the Comex.
Jaime Cucalón, President of the AEA, estimated that a car that currently costs between $ 14,000 and $ 15,000 could reach $ 20,000.
Veronica Gaibor, Manager of Anglo concessionaire on the Domingo Comin Avenue, said that the list of new prices will be effective from Thursday.