Nicaragua: Car sales increase 25%

The union of importers of vehicles projects closing the year with a total of 19,000 new units sold, 25% more than the figures of 2014.

Friday, November 20, 2015

In 2014 more than 15,000 new vehicles were sold in the country, with sedan cars leading Nicaraguan preferences. At the end of the year, the Nicaraguan Association of Motor Vehicle Distributors (Andiva) projects having sold up to 19 thousand units, including motorcycles.

Enrique Deshon, president of Andiva, told Elnuevodiario.com.ni that "... 'The largest segment is sedans and these include smaller vehicles and four-door sedans. These cars have a premium of 10%, but there are some plans where the premium is lower, as it can be 5% to 6%, depending on the model. '"

"... Vehicle sales have shown strong growth in recent years, with a "small setback" in the first quarter of 2013, when there was a decrease in sales of 21% compared to the first quarter of 2012, but they have since improved notably."

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