With the recovery of the Venezuelan oil industry, confidence is increasing in other economic sectors, such as the automotive sector. In this area, Carlos Rondón, president of the National Chamber of Commerce and Auto Parts (Canidra), estimates that a positive boost will be seen in 2026.
The…
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Automotive Sector
Venezuela’s automotive sector could end 2025 with slight growth
By the end of 2025, Venezuela's automotive sector could show slight growth, according to recent statements by Sergio González, a representative of the sector.
According to the executive, the greatest demand has been in the market…
Automotive sector forecasts domestic market production of 14,000 vehicles in the last quarter
The automotive sector's production goal in Venezuela for the last quarter of 2025 is between 13,000 and 14,000 units to meet domestic demand, which has been boosted by financing plans and the desire to purchase a new car.
The sector is…