Venezuelan Auto Market Shows Signs of Recovery as Changan and Foton Report Strong Growth at Autofest 2026 Venezuelan automotive activity is gaining momentum, with industry leaders reporting notable sales increases at the 14th edition of Autofest 2026, according to multiple local business outlets. Changan Auto announced that its vehicle sales rose by more than 40% during the first quarter of 2026, a performance highlighted during its sponsorship of the annual Autofest exhibition. The company attributed the growth to increased consumer demand and expanded model availability in the Venezuelan market. Foton also participated in the event, showcasing its full lineup of commercial and passenger vehicles. The manufacturer emphasized its commitment to the region through an extended after-sales service network and a broad product portfolio designed for durability and long-term leverage. The Autofest 2026 exhibition, held in Venezuela, featured previews of upcoming models, including a facelifted version of the Changan CS55 Plus. While the displayed unit was equipped with an internal combustion engine, industry sources noted that a plug-in hybrid variant is expected to launch in the Philippines later in the year, suggesting potential future availability in other markets. Organizers described the event as a relaunch of the automotive sector, framing it as a shift from mere survival to active growth. Exhibitors presented their latest offerings, signaling renewed confidence in the domestic market’s potential. The exhibition underscored a broader trend of stabilization in Venezuela’s auto industry, with participating companies citing improved sales trends and consumer interest as key indicators of recovery. No official national sales figures were released during the event.
Autofest 2026: Venezuela’s Automotive Sector Takes Off with Record Sales and New Models
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