CAVENEZ projects 50% sales growth for 2026
The Venezuelan Automotive Chamber (CAVENEZ) estimates 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, according to the warranty offered by each brand present in Venezuela.
TL;DR
- CAVENEZ estimates a 50% growth in the Venezuelan automotive market by 2026.
- Sales in 2025 reached 38,600 vehicles, with January 2026 sales already exceeding double the previous year's figure.
- The chamber projects selling over 50,000 units in the current year.
- CAVENEZ focuses on four pillars: authorized dealer guarantees, original spare parts security, after-sales service, and preventing purchases from unauthorized importers.
- The automotive sector currently provides around 5,000 direct jobs and is considered a key economic driver.
- A new CAVENEZ website with a data application will be available to the public, specialized professionals, and media.
- CAVENEZ is open to collaboration with various public and private sectors to promote progress and national transformation.
- The 19 member brands include Changan, Dongfeng, Fiat, Ford, Forthing, Foton, Honda, Hyundai, Isuzu, Iveco, JAC, Jeep, JMC, Kia, Mack, RAM, Renault, Toyota, and Volkswagen.