Grupo Tres Partners with Chilean Auto Industry

Groupo Tres, with headquarters in Guatemala, agreed to a strategic partnership with the Gildemeister Group.

Tuesday, February 15, 2011

Through the partnership the companies will invest in the automotive sector in Central America and the Caribbean.

The article in includes statements by Ricardo Lessmann, President and CEO of the Gildemeister Group," At the Gildemeister Group we aim for expansion and growth in Latin America, and we've seen Guatemala and Central America as a region with a great opportunity for growth in the automotive sector."

More on this topic

Purdy Motors Buys US Dealer

February 2015

The Costa Rican Automotive company has acquired a car dealership in Dallas, bringing the number of subsidiaries of the company operating out of Costa Rica to five.

The new branch in Texas, was born under the brand Atkinson Toyota South Dallas and is dedicated to marketing Toyota and Scion brands of cars. Purdy Motor plans to continue expanding its operations primarily in North America.

Central America: Automotive Market Grows 10%

July 2015

In 2014, 84 000 new and used vehicles were sold in Guatemala, Costa Rica and Nicaragua alone, and it is expected that 2015 will close with an annual growth of nearly 10% across the region.

While the region has generally shown an upward trend in the marketing of vehicles, mainly new ones, the characteristics of each of the countries, particularly with regard to access to bank credit, makes the behavior of the auto market different in each.

Automotive Boom in Nicaragua Attracts Investment

March 2014

The country's economic growth is attracting new companies looking for space in a market that expects to sell over 15,000 new cars in 2014.

Automotive companies are planning significant investments in order to meet demand from Nicaraguan customers. Grupo Q will invest $12 million in 2014 mainly in infrastructure.

80 Porsche for the Guatemalan market

November 2008

The model was unveiled during the inauguration of the Autoshow being held at the Industrial Park.

The German Porsche brand of cars has proposed to sell no less than 80 of the model in the country, Thomas Startzel, Porsche president for Latin America, indicated as he announced that their new distributor in Guatemala will be the Los Tres Group.

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