Saudi Press

Saudi Arabia and the world
Saturday, Nov 08, 2025

Venezuela's International Appetite for Stolen Luxury Cars

Venezuela's International Appetite for Stolen Luxury Cars

Specialist gangs have been caught smuggling expensive vehicles from Colombia into Venezuela, shining a spotlight on how an increasingly dollarized economy has allowed a black market for luxury goods to thrive.

In late September, thieves hijacked a Toyota Prado TXL assigned to a local congressman in the Colombian border town of Cúcuta, holding his bodyguard hostage while they fled towards Venezuela in the vehicle, according to La Opinión. The car was one of three Toyotas stolen in the town over the course of two days.

The thefts were part of a string of similar crimes across the border department of Norte de Santander. The cars are stolen by specialist gangs, including the aptly-named “Los Toyoteros,” and then trafficked into Venezuela via informal border crossings controlled by Colombian criminal groups.

According to Colombian authorities cited in La Opinión, 84 cars and 421 motorbikes have been stolen during 2021 in Cúcuta alone, 90 percent of which end up in Venezuela.

The Venezuelan market for illicit vehicles is well-established. According to a judicial source who spoke to El Heraldo in 2020, cars are stolen in other Colombian cities like Barranquilla and then resold in the border regions so that they can be smuggled to the neighboring country.

There is at least one reported incident of a senior Venezuelan Army officer using a vehicle stolen in Colombia without a license plate in Barquisimeto.

In July 2020, Venezuelan authorities charged several high-ranking officials from the National Institute for Land Transport (Instituto Nacional de Transporte Terrestre – INTT) with illegally registering as many as 1,000 smuggled cars, according to sources linked to the case who spoke to El Pitazo.

InSight Crime Analysis


Networks moving stolen vehicles into Venezuela are now operating across the Americas, with the country’s wealthy elite wanting access to expensive goods through legal and illegal means alike.

Despite the country’s dire economic crisis, with over 75 percent of the population living in extreme poverty, the rise of a parallel dollarized economy has benefited the wealthy.

Those with plentiful funds in dollars have access to a lavish lifestyle. A Ferrari dealership even opened in northern Caracas this year. Delivery services offer sparkling wines, cigars and books, all imported from abroad.”The government no longer harasses the small private sector and has allowed dollarization to advance,” one economist told Bloomberg.

Black market smugglers appear to be cashing in on this trend as well. According to Venezuelan Attorney General Tarek William Saab, the cars legalized through the criminal network in the INTT had origins in Brazil and Chile, as well as Colombia.

Even cars from the United States have made their way into Venezuela’s illegal market. In July 2020, 81 vehicles, including Lexus and Mercedes cars, were seized in Florida before they could be shipped illegally to Venezuela.

In comparison, just one car was produced domestically in the first half of 2021, a dramatic collapse compared to the 24,223 vehicles made in Venezuela between January and March of 2011.

Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
MrBeast’s ‘Beast Land’ Arrives in Riyadh as Part of Riyadh Season 2025
Cristiano Ronaldo Asserts Saudi Pro League Outperforms Ligue 1 Amid Scoring Feats
AI Researchers Claim Human-Level General Intelligence Is Already Here
Saudi Arabia Pauses Major Stretch of ‘The Line’ Megacity Amid Budget Re-Prioritisation
Saudi Arabia Launches Instant e-Visa Platform for Over 60 Countries
Dick Cheney, Former U.S. Vice President, Dies at 84
Saudi Crown Prince to Visit Trump at White House on November Eighteenth
Trump Predicts Saudi Arabia Will Normalise with Israel Ahead of 18 November Riyadh Visit
Entrepreneurial Momentum in Saudi Arabia Shines at Riyadh Forward 2025 Summit
Saudi Arabia to Host First-Ever International WrestleMania in 2027
Saudi Arabia to Host New ATP Masters Tournament from 2028
Trump Doubts Saudi Demand for Palestinian State Before Israel Normalisation
Viral ‘Sky Stadium’ for Saudi Arabia’s 2034 World Cup Debunked as AI-Generated
Deal Between Saudi Arabia and Israel ‘Virtually Impossible’ This Year, Kingdom Insider Says
Saudi Crown Prince to Visit Washington While Israel Recognition Remains Off-Table
Saudi Arabia Poised to Channel Billions into Syria’s Reconstruction as U.S. Sanctions Linger
Smotrich’s ‘Camels’ Remark Tests Saudi–Israel Normalisation Efforts
Saudi Arabia and Qatar Gain Structural Edge in Asian World Cup Qualification
Israeli Energy Minister Delays $35 Billion Gas Export Agreement with Egypt
Fincantieri and Saudi Arabia Agree to Build Advanced Maritime Ecosystem in Kingdom
Saudi Arabia’s HUMAIN Accelerates AI Ambitions Through Major Partnerships and Infrastructure Push
IOC and Saudi Arabia End Ambitious 12-Year Esports Games Partnership
CSL Seqirus Signs Saudi Arabia Pact to Provide Cell-Based Flu Vaccines and Build Local Production
Qualcomm and Saudi Arabia’s HUMAIN Team Up to Deploy 200 MW AI Infrastructure
Saudi Arabia’s Economy Expands Five Percent in Third Quarter Amid Oil Output Surge
China’s Vice President Han Zheng Meets Saudi Crown Prince as Trade Concerns Loom
Saudi Arabia Unveils Vision for First-Ever "Sky Stadium" Suspended Over Desert Floor
Francis Ford Coppola Auctions Luxury Watches After Self-Financed Film Flop
US and Qatar Warn EU of Trade and Energy Risks from Tough Climate Regulation
‘No Kings’ Protests Inflate Numbers — But History Shows Nations Collapse Without Strong Executive Power
Ofcom Rules BBC’s Gaza Documentary ‘Materially Misleading’ Over Narrator’s Hamas Ties
"The Tsunami Is Coming, and It’s Massive": The World’s Richest Man Unveils a New AI Vision
Yachts, Private Jets, and a Picasso Painting: Exposed as 'One of the Largest Frauds in History'
AI and Cybersecurity at Forefront as GITEX Global 2025 Kicks Off in Dubai
EU Deploys New Biometric Entry/Exit System: What Non-EU Travelers Must Know
Ex-Microsoft Engineer Confirms Famous Windows XP Key Was Leaked Corporate License, Not a Hack
China’s lesson for the US: it takes more than chips to win the AI race
Israel and Hamas Agree to First Phase of Trump-Brokered Gaza Truce, Hostages to Be Freed
The Davos Set in Decline: Why the World Economic Forum’s Power Must Be Challenged
Wave of Complaints Against Apple Over iPhone 17 Pro’s Scratch Sensitivity
Syria Holds First Elections Since Fall of Assad
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
Nvidia and Abu Dhabi’s TII Launch First AI-&-Robotics Lab in the Middle East
UK, Canada, and Australia Officially Recognise Palestine in Historic Shift
New Eye Drops Show Promise in Replacing Reading Glasses for Presbyopia
Dubai Property Boom Shows Strain as Flippers Get Buyer’s Remorse
Top AI Researchers Are Heading Back to China as U.S. Struggles to Keep Pace
×