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The Colombian motorcycle market is dominated by utilitarian, smaller bikes used by millions of people across the country for general transportation and commuting to work. But increasingly there are more and more luxury brands starting to make inroads and promote their offerings...

Compared to August 2016, Nissan showed the highest growth, while Renault, Chevrolet, and Kia all had negative results.

"You could say that this is a year of transition, and we are adjusting ourselves to a new reality,” said Juan Carlos González of Yamaha Incolmotos

"The Ducati client wants something from the high end that other people don’t have," said Sergio Cordoba.

Colombia’s largest bank Bancolombia this week lowered the interest rates on its mortgage offerings by up to 150 basis points. According to the Medellín-based financial institution, this move means its rates now start at 0.76% monthly, or 9.6% on an annual basis. The bank said...

Jorge Mejía said he plans to join forces with multiple partners to launch an independent project focused on entrepreneurship.

Colombia is poised to further increase its already-substantial market share in South America, outpacing every country except for Brazil.

TechSci Research expects auto production, government policies, and infrastructure spending to fuel ongoing growth in Colombia's tire market.

Some 400 exhibitors and close to 60,000 visitors from 30 countries are expected to meet in Medellín in May.

Throughout the sector, sales are projected at over $150 million USD in 2016.