25 April 2015

Venezuela Vehicle Assembly By Brand : 2014

No cars required in this historic part of town

It would be hard to imagine a more bizarre situation. They have oil but no money. The economy is a mess and no one is tackling it. It is hard for car assemblers to assemble cars as the country cannot afford to pay for the parts to make them. From making over 170,000 cars in 2007, it is now down to less than 20,000 and falling. Welcome to Venezuela.

Car: I guess Mitsubishi won because it managed to get enough parts to screw more cars together than anyone else. Workers are turning up with little to assemble. To show what I mean, in the lists below green shading shows increase and yellow decrease (for both lists).


Car

10 11 12 13 14 Make 2014 % + / -

5 5 3 2 1 Mitsubishi 1,829 27.6% -77%

1 1 1 1 2 GM 1,706 25.8% -89%

3 4 4 3 3 Toyota 1,620 24.5% -62%

2 2 2 4 4 Ford 880 13.3% -72%

6 6 6 5 5 Chrysler 521 7.9% -74%

7 7 7 6 6 Daihatsu 60 0.9% -85%

4 3 5 - - Hyundai - - -






Total 6,616 -81%

Utility: Essential for moving around goods, the shortage of such vehicles must be difficult for businesses. Patching up older ones - if parts can be obtained - the only option for many. 


Utility

10 11 12 13 14 Make 2014 % + / -

2 2 1 2 1 Ford 4,020 20.3% -61%

1 1 2 1 2 GM 4,005 20.3% -70%

4 4 4 3 3 Toyota 1,600 8.1% -66%

8 8 7 5 4 Mitsubishi 1,260 6.4% -22%

3 3 3 4 5 Chrysler 989 5.0% -76%

7 7 6 6 6 Fuso 696 3.5% -56%

5 5 5 7 7 Iveco 393 2.0% -71%

6 6 8 8 8 Mack 180 0.9% -65%

9 9 - - - Mercedes - - -






Total 13,143 -65%






Grand Total 19,759
-72%

Data source: CAVANEZ.
Picture: Carlos Santos Colorado.

Summary: Unless something drastic happens soon, surely the assembly of vehicles in Venezuela will cease. Sad to see because when an economy is this low, suffering occurs. Of course the recent reduction in oil prices won't have helped, but the problems here go much deeper than that. 

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