CAVENEZ projects 50% sales growth for 2026
The Venezuelan Automotive Chamber (CAVENEZ) estimates a 50% market growth for 2026, representing sales from the 19 brands that make up the Chamber. Currently, there are 250 establishments - including Dealerships, Distribution Centers, and Customer Service Centers - where Venezuelan consumers can purchase vehicles, original spare parts, and guaranteed technical service, depending on the warranty offered by each brand present in Venezuela.
TL;DR
- CAVENEZ anticipates a 50% growth in the Venezuelan automotive market by 2026.
- Sales in January 2026 exceeded 3,463 units, more than double the previous year's period.
- The Chamber expects over 50,000 vehicle sales in the current year.
- Key pillars of CAVENEZ's strategy include authorized dealerships, original spare parts, and post-sale service.
- The automotive sector currently generates around 5,000 direct jobs in Venezuela.
- CAVENEZ has launched a new website providing detailed sales data by brand and month.
- The Chamber is open to collaborations with public and private sectors to foster national development.
- 19 brands are currently affiliated with CAVENEZ, ensuring consumer reliability.