Michelin closes factories in Colombia, citing decreased competitiveness
French tire producer Michelin announced Wednesday to close all its factories in Colombia claiming they “non-viable” as exports to Brazil dropped.
French tire producer Michelin announced Wednesday to close all its factories in Colombia claiming they “non-viable” as exports to Brazil dropped.
Colombia president Juan Manuel Santos has announced an 8.9% reduction in the rate of natural gas for Colombian industries in new decree. Speaking Wednesday at the 16th Congress of the…
After a slow start for car sales in January, Colombia is expected to pick up for the rest of this year with an estimated 315,000 units forecast to be sold,…
According to a survey of Colombian businesses released Wednesday, the business sector saw a slight downturn in April as the global market continues to struggle. The Coordinated Survey of Industrial…
Colombia’s industrial growth in the second half of 2011 exceeded that seen in Latin America by 5.9%, according to the Joint Industrial Opinion Survey, reported Colombian investment website Portafolio Thursday.…
Colombia vehicle sales in July climbed 27% from a year ago, according to data released Monday by industry group Comite Automotor. Vehicle sales for July at the wholesale level totaled…
Colombia’s industrial output rose 6.3% in May compared to the same month in 2010, the sector announced Thursday. According to national business association ANDI, the rise was mostly due to…
The governor of Colombia’s Atlantico department governor has issued a general call to the tourism sector to take advantage of opportunities to sell tourist packages for the whole Caribbean region,…
Colombian President Juan Manuel Santos said that Colombia is on the “right track” due to growth in the industrial and retail sectors, according to a press release on the presidency’s…