The speed of growth in car sales in Panama continues to decline. Between January and August 38,034 vehicles were sold, which is just over the 36,190 units sold in the same period in 2013, according to data from the Association of Automobile Dealers in Panama (Adap).

Despite the slow down, Asian brands are still the most preferred . Prensa.com reports that "...The Japanese brand Toyota was crowned as the best selling brand in Panama, a position it fought to hold on to with its closest competitor, the South Korean Hyundai. "

"... In 2013 Toyota ranked first in sales having put into circulation 11,936 units, representing an increase of 15% compared to what was sold in 2012, which was 10,360 units. At the moment an average of 4,754 new vehicles are sold every month, according to Adap, which groups together 37 members. "

Source: Prensa.com

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