Overview
- The Chamber of Automotive Commerce (CCA) reported 166,285 used-vehicle transfers in October, down 2.96% from September and 3.1% year over year.
- Transfers rose roughly 12% in the January–October period versus last year, and the CCA forecasts more than 1.75 million transactions for 2025.
- Volkswagen Gol led the used segment in October with 9,037 transfers, with Toyota Hilux and Volkswagen Amarok among the top sellers.
- New-vehicle registrations reached 51,982 in October, 7.6% below September but 16.9% higher than a year earlier, according to ACARA.
- Automakers are using price incentives and greater import availability, with Honda discounting the Civic to US$49,900 this month as the share of locally built models in registrations slips to 40% from 47% in January.