Between January and October of this year 56,976 new vehicles were registered in the country, 3.5% more than in the same period in 2015.
The growth rate in the first ten months of the year contrasts with the growth rate registered in September, which was 8%.
Of the total number of registered vehicles during the first 10 months of the year, 42% were regular cars, 3.7% luxury cars, 29% SUVs, 1.7% minivans, 2% vans, 14% pick ups, 2.3% buses, 3.4% trucks, and 0.40% were others, according to figures from the Office of the Comptroller General of Colombia.
The SAT has announced that from January 2017, 42% of the commercial value of the vehicle will be applied when calculating the amount of import tax to be paid.
The taxable values for calculating the circulation tax on vehicles (ISCV) will not be changed.Abel Cruz, Indentent of Revenue, told Prensalibre.com that"...The new amendments, which will come into effect on January 1, 2017, refer to the SAT applyling 42% of the commercial value of the vehicle, a figure supplied by distribution companies."
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.
The biggest event in the automotive industry in Detroit is an opportunity for suppliers to interact with industry professionals from the leading companies in the industry.
A delegation of Nicaraguan investment advisors will be participating for the first time in the most important automotive event in Detroit, USA: Automotive Manufacturing Meetings 2016: “Mobility Innovation in the 21st Century”. This event to be held from November 15 to 17 will feature leading industry companies such as Ford, National Renewable Energy Laboratory, Panasonic, LEAR Corporation, United Technologies, among many others.
A report entitled "Vehicular Fleet in Panama in 2015", shows that 70% of vehicles circulating in the country at the end of 2015 were cars, while only 5% were motorcycles.
Data from the report "Vehicular Fleet in Panama 2015" prepared by the Business Intelligence Unit at CentralAmericaData.com, points out that of all the vehicles on the streets of Panama at the end of 2015, 270 thousand units correspond to the years 2000 to 2009, while another 251,000 corresponded tovehicles which are six years old or less.
Through a decree issued by the Ministry of Finance between January and August 2017 agencies and distributors will not be able to import vehicles whose model corresponds to 2018.
Decree number 39941-H which the Ministry of Finance issued on October 21 in La Gaceta states that, in order to regulate the assessment procedure for the import of vehicles, between January and August 2017 units can not be imported whose models corresponding to the following year, 2018.
Between January and August this year, 43,976 new vehicles were registered in the country, almost 8% more than in the same period in 2015.
Of the total number of vehicles registered during the first eight months of the year, 41% were regular cars, 29% were SUVs, and 15% Pick ups, according to figures from the Office of the Comptroller General of Colombia.
Between January and June 2016 almost 39,000 new motorcycles were registered in the country, which is 9% more than in the same period in 2015.
<span dir="ltr">China is still the market from which the most motorcycles imported into the country arrive.In the first half of the year the number of these vehicles registered in the country rose by an average of 215 per day, outpacing growth in the same period in 2015.
The government is assessing reducing from 8-7 the maximum number of years of age of vehicles which can be imported.
The aim of the Sanchez Ceren administration is to reduce the size of the vehicle fleet which is registered today in El Salvador.Figures from the Business Intelligence Unit at CentralAmericaData com at the end of 2015 show that 936.700 vehicles were registered in circulation.
In the first half of the year registration of vehicles grew by 7%, driven by registrations of SUV vehicles, which grew by 18% and by pickup trucks, which grew by 35%.
Data from the Comptroller General of the Republic showed that in the first half of the year 33,164 vehicles were registered, of which 13,877 were regular cars, 1,424 were luxury cars, 9,568 SUVs and 5,111 pick ups,In addition about 2700 buses, trucks and other vehicles were registered.
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