Chile is an excellent market for U.S. passenger cars (automobiles, station wagons, vans and jeeps), but it is also one of the most competitive. All of the most important automobile manufacturers worldwide are represented here, with over 40 brands and some 400 different models. The prospects of continued growth of the chilean economy (estimated growth of 4-6% annually from 1993 to 1995), looks promising for the Chilean passenger car market. The market is dominated by imports. In 1992, the U.S. had a 2.7% market share of all imported passenger cars, which amounted to US$ 522.5 million. Now that Ford and Chrysler are back in Chile, it is expected that the U.S. share of imports will increase by at least 10 percent. The largest suppliers in 1992 were Japan, followed by Brazil, Russia, Mexico and S. Korea.


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    Title :

    Industry Sector Analysis - Passenger Cars (Chile) September 1993


    Contributors:
    M. C. Vial (author)

    Publication date :

    1994


    Size :

    18 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English





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