Panama 2018. Nissan shines in a market down in double-digit
Panama vehicles sales reported in the 2018 the second consecutive decline with total vehicles sales at 50.766 (including 242 HCVs), down 10.3%. Toyota kept the crown, with market share stable just over the 20% while Nissan boomed taking the third place, between Hyundai - second - and Kia -third -.
Bermuda 2020. Kia’s leadership is reinforced in a market down 21.8%
Bermuda vehicles market falls due to the global pandemic affecting sales. Indeed, Full Year 2020 sales have been 1.123, down 21.8% compared to 2019. Kia remains in a solid position of leadership, followed by Toyota and Hyundai.
Martinique 2019. Renault is the new market leader in market at new all-time high
Martinique vehicles market grows in double digits and hit a new all-time record number of sales. Indeed, Full Year 2019 sales have been 17.912, up 12.9% compared to 2018. Renault overtakes Peugeot and becomes the new market leader.
Honduras. In 2018 the market kept recovering in double-digits
Honduras Vehicles Market in 2018 kept recovering from the 2016's sharp drop. Indeed, registrations ended the year at 12.974, up 10.8% from the previous year. Nissan held the market throne with 23.7% of market share, ahead of Toyota and Ford.
Panama 2019. Nissan & Kia fighting for the podium while the market went up...
Costa Rica 2016. New car market hit the new all time record
Costa Rica vehicles market in 2016 hit the third all time record in a row fueled by the economy expansion and strong private consumption. With a volume near 60.000 units, Costa Rica is acquiring relevance among Latin America.
Honduras 2017. Nissan boomed sales taking the leadership
Honduras Vehicles Market in the 2017 was almost positive with sales up 19%, recovering the previous year fall. Sales were driven by Nissan, which boosted sales taking the leadership over Toyota. Outlook is positive.
Guatemala 2015. Vehicles Industry established again a record
Guatemala Vehicles Industry in 2015 established again a record outpacing the 30.000 units of new cars for the first time ever. Growth is fueled by fast economy and growing population.
El Salvador 2016. New vehicles just near 25% of total import
El Salvador auto market in the 2016 was still dominated by pre owned vehicles, which counted near 75% of all imported vehicles in the market. New vehicles are stable but a new legislations expected this year can change the perspectives.
Costa Rica 2017. Vehicles market pushed the brake
Costa Rica autos market has lost steam during the 2017, after three years of consecutive record. Sales fell 13% following the trend in the economy, where the fast growing speed has shown a deceleration Toyota is market leader with 17.7% of share.
