GEVESA - Grupo Q Regional Alliance
GEVESA and Grupo Q have concluded the companies' merger of their vehicle sales operations and the new group's name will be Grupo Q.
Monday, September 6, 2010
Juan Federico Salaverría, GEVESA president, explained that legally they will continually to operate independently, especially with regard to suppliers. GEVESA, which distributes the Mazda, Peugeot and Ford brands will take a 30% share in the new combined business.
Of all vehicles circulating in the country at the end of 2015, 63% were automobiles, 19% motorcycles, 13% light duty vehicles and 3% heavy load vehicles.
The growth in the last three years is mainly due to easier credit by local banks and the economic growth that the country has been experiencing.
Up to December 2015 4.429 more new vehicles were sold than in 2014, representing an increase of 7.3%.
Between 2009 and 2013 the number of Chinese vehicles in the Costa Rican Public Registry multiplied by 9.
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