Industrywide Andean car sales seen up in 2006-GM

Newswire

QUITO, Ecuador, Nov 24 (Reuters) - New car sales in Venezuela, Colombia and Ecuador are expected to climb by 13.6 percent in 2006 to 500,000 units industrywide, from a projected 440,000 in 2005, the General Motors regional chief said. In 2004, new car sales totaled 295,000 units industrywide. High oil prices have helped the economies of the oil-rich Andean countries and boosted car sales of all major car markers, Pablo Ross, GM's Andean region chief, told Reuters on Thursday. Ross said ...

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