Data from the General Comptroller detail that from January to September 2018, 12,938 new automobile type vehicles were registered, 21% less than the 16,299 units registered in the same period of 2017.

You may be interested in "Automotive business in Central America"

As with the reported downward behavior in the sale of new vehicles, the sale of fuel in the country has declined for the periods concerned, falling from 882 million gallons sold from January to September 2017 to 834 million gallons in the same period of 2018.

Also see "Car Batteries: Central America's Business"

Regarding the behavior of vehicle sales currently recorded, Patricia Vukelja, executive director of the Association of Automobile Distributors of Panama, explained to Laestrella.com.pa that "... although up to October the sale remains low compared to previous years, are within the expected."

Vukelja added that "... The economic growth the country has been experiencing could be considered exaggerated and we have reached the cyclical adjustment where there is a decline, but it was also unhealthy to grow at the pace that was happening."

Source: laestrella.com.pa

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