Peru has the fastest growing passenger car fleet in Latin America, thanks to the country's strong economic growth. From 2005 to 2015, annual sales of passenger cars increased more than 9 times, a 25% annual rate of increase. And this trend is likely to continue.
The Global Fuel Economy Initiative was launched in Colombia on January 25th and 26th 2017. The Cleaner and More Efficient Fuels and Vehicles project, led by UN Environment, CEGESTI, and the Centro Mario Molina Chile, supports the work that Colombia has been carrying out in the transportation sector, and will produce a fuel economy baseline study for their light duty vehicle fleet.