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Economy & Business - February 2011 (ISSN 1741-7430)

ECUADOR: Pretty decent

The economy is doing rather well. New car sales in 2010 were up 41%, and set a new record of 130,350 units. It is worth underlining that Ecuador's new car market is only 10% smaller than Colombia's even though Ecuador's population (of about 14m) is less than a third of Colombia's 45m.

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