Manager Alejandro Álvarez, from Equipa Panamá S.A. pointed to Laestrella.com.pa that the
truck market is a good indicator of economic reactivation.
"Equipa Panamá S.A., official distributor of International Trucks in Panama, ensured that the enlargement of the Panama Canal opens an excellent opportunity to this type of companies", published Laestrella.com.pa.
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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."
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.
Codaca Group, distributor of Hino brand trucks, made the investment for the upgrade of its facilities in San Pedro Sula.
The group's executive chairman, Manuel Siekavizza said during the opening ceremony for the new works, that they have increased their workforce to 140 people.
Guatemalan company Sika Motor, which assembles and distributes Hino brand trucks, will now export to Cuba.
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.