According to the National Automotive Association of Chile (ANAC), at the end of last year there were 302,366 sales of new units of the aforementioned vehicles.
Although the second half of the year was the best since 2022 for the national automotive sector, sales of new and light vehicles failed to recover during 2024 and closed with a drop of 3.7%.
According to the National Automotive Association of Chile (ANAC), at the end of last year, 302,366 new unit sales of the aforementioned vehicles were recorded. However, in December sales grew 3.2% to a total of 27,961, being the best performance during the last six months of 2024.
However, "Chile's weak economic growth and the complex international outlook ended up impacting the sector's annual performance," they said.
New vehicle sales in 2024
By segment, SUVs posted the only annual growth of 2.6% (147,434 total units). Pick-up trucks fell 12.7% in sales (61,682). Passenger vehicle sales also fell 7.6% (61,545) and finally, commercial vehicles fell 3.5% (32,857).
In the year to date, Toyota continues to lead sales of light and medium vehicles with 23,535.
By model, the top seller in the passenger vehicle segment is the Kia Soluto (5,176). Among the SUVs, the Chevrolet Groove stands out (5,419), while for pickup trucks, most sales were concentrated in the Toyota Hilux (8,743).
Automotive sector projections
Regarding the projections for 2025, Anac stated that “specialized analysts in the automotive market, FORECAST Consultores, have projected that sales of light and medium vehicles would reach a performance of around 310,000 units, registering a growth of 2.5% compared to the previous year.”
According to projections, 3.5% of sales will be electric and plug-in hybrid vehicles, or around 11,000 units.
If self-recharging hybrids, extended-range electrics and microhybrids are added, “the market share would reach 11.5% with an estimated 35,500 units.”
However, this would represent a considerable increase compared to the 4,500 fully electric units sold in 2024, in addition to the more than 1,100 plug-in hybrids, 6,291 self-charging hybrids and 6,840 microhybrids.
