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Results for “automotive”Clear
Ecuador's monthly fuel price adjustment on April 12 could push low-octane gasoline past the $3/gallon mark for the first time in history. Extra and Ecopaís currently sit at $2.89/gallon; with the 5% monthly cap, they could reach $3.03. Diesel may hit $2.96. The driver: global oil price spikes from the Strait of Hormuz disruption.
Ecuador and Colombia have imposed tit-for-tat tariffs reaching 50% on hundreds of goods, putting approximately $2.8 billion in annual bilateral trade at risk. Colombia has also suspended electricity exports and faces retaliatory pipeline fee increases from Ecuador.
Ecuador's Constitutional Court has determined that the trade agreement negotiated with South Korea requires a full legislative vote before ratification — a higher procedural bar than the recently concluded U.S. deal.
Ecuadorians bought 11,342 vehicles in January 2026, the best January on record. Electric and hybrid vehicles now account for 22% of all sales. Azuay was the third-biggest market in the country.
