Renault-Sofasa May Shift Sales from Ecuador Due to Rising Tariffs
The automotive trade relationship between Colombia and Ecuador is reaching a critical breaking point, leaving one of the region’s most prominent assemblers weighing a strategic retreat. Renault-Sofasa, a cornerstone of Colombia’s automotive industry, has indicated it may be forced to relocate its Ecuadorian sales to other markets if a series of escalating tariffs continues to … Read more