The company has
exported 24 units to Cuba in the first seven months of the year.
"Cuba is a market with excellent opportunities for the sector and we hope that the market will open further," Danilo Siekavizza, president pf Sika Motor group, told Prensalibre.com.
Siekavizza also mentioned the recovery of the Honduran market, to which a total of 120 trucks have been sold in 2010.
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The Costa Rican-Guatemalan owned company will seek to position Hino brand trucks in various states of northern Mexico.
The company, Codaca Group, with 36 years of experience assembling and distributing Hino trucks in Guatemala, formed a partnership with Purdy Motor.
Elperiodico.com.gt reported the statements of Danilo Siekavizza, president of the Sika Group and owner of Codaca "We already hired personnel for the first showroom in Chihuahua."
Guatemalan company Sika Motor, assembler and distributor of Hino trucks, plans to expand to the Caribbean.
The company will start by exporting to Cuba, and selling the vehicles in several Mexican states, said Danilo Siekavizza, president of Sika Motors.
"We are expanding to the Caribbean and Mexico, based on our sales experience in Central America", said the executive, in a Prensa Libre article.
Representatives of the sector have reported an increase in sales primarily in light load transport vehicles.
Cesar Brenes Quiros provides an analysis in Elfinancierocr.com on the automotive market in consultation with the principal distributors of vehicles.
Purdy Motor, distributor of the Hino brand, reported a 46% increase in sales in 2010 compared to 2009.
In the first ten months of the year distribution agencies report having sold 2,115 units.
The companies who are member of the Association of Importers of Vehicles and Equipment (Aivema) reported increases of between 4.6% and 10% in imports of trucks in recent years, in a market with a high level of competition.