The Tesla Model Y was the best-selling car in Colombia in March, dethroning Renault and Kia
Not even high interest rates, which stood at 10.15% in March and rose to 11.25% in April, have managed to curb vehicle purchases in Colo...
TL;DR
- The Tesla Model Y became the best-selling car in Colombia in March 2026 with 1,791 units sold.
- This is the first time an electric vehicle has topped the monthly sales ranking in Colombia.
- The automotive sector had its best start to the year since 2012, with a 47.8% growth in the first quarter.
- Overall vehicle registrations in March 2026 increased by 53.4% compared to March 2025.
- Electric vehicle sales grew by 267% in March 2026, reaching 5,083 units.
- Hybrid vehicle sales increased by 72.3% year-on-year, totaling 7,631 units in March 2026.
- SUVs led segment growth with a 248.5% increase.
- Bogotá, Medellín, and Cartagena were the cities with the highest vehicle sales growth.
- Kia, Renault, and Tesla were the top three selling brands in March, with 14.3%, 9.9%, and 8.7% market share, respectively.