SUV Sales Lead Automotive Market Growth in April with a 73.2% Increase

TL;DR

The automotive market grew in April 2026, with SUVs showing a 73.2% increase compared to April 2025.
Total new vehicle registrations reached 26,787 units, a 54% increase from the previous year.
SUVs accounted for 17,171 registrations in April, a 73.2% rise, and 59,716 units in the first four months, a 60.1% increase.
Electric vehicle registrations grew by 304% (5,192 units) and hybrid vehicles by 76% (7,476 units) in April.
The Tesla Model Y was the top-selling model, representing 8.5% of the total market in April.
Bogotá saw a 108% growth in vehicle registrations in April, with the city registering 7,918 units.
Commercial passenger and cargo vehicles also saw significant increases of 71% and 40.5%, respectively.

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