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Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike
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Slump in car sales will increase the demand for spare parts in Ecuador

Posted On 27 May 2016

CARRSO-ECUADORTIMES-ECUADORNEWS

The demand for automotive spare parts in Ecuador will increase as a result of the drop in sales of new cars, according to a report by the Spanish Institute for Foreign Trade (ICEX).

The report, called “The market of automotive spare parts in Ecuador 2016,” estimates that the life of vehicles in the stores in Ecuador will extend following the reduction in the commercialization of cars, and their prices because of the import quotas, high tariffs and taxes.

 

 

Source: http://www.eluniverso.com/noticias/2016/05/26/nota/5600931/descenso-venta-carros-elevara-demanda-repuestos-ecuador

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