During the first seven months of the year, 26,188 vehicles were imported to El Salvador, of which 18% were new units and 82% were used. Second-hand cars are still in demand in this new business scenario.
According to representatives of the Association of Vehicle and Automotive Parts Importers (Asiversa), the demand for used vehicles has been maintained in this context of economic crisis, but sales have fallen due to the drop in prices.
The company "MICARRO SV" is accused of not delivering the vehicles to a group of consumers who had already paid for them.
The consumers "paid large sums of money" to the company Inversiones Latinoamericanas, S.A. de C.V., (COINVERLAT, S.A. de C.V.) and Cristian Javier Pineda Reyes, who operated the company "MICARRO SV", reported the Consumer Defense Office.
In El Salvador, importers of used vehicles must subject the units to controls in order to determine whether they have been reported stolen in other countries.
The new border security mechanism came into effect on April 10, Salvadoran authorities said.
Up to December 2017, 45% of the vehicles circulating in countries in the region were automobiles, and 13% were light load units.
Data from the report "Vehicular Fleet in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, details the different characteristics of the vehicles that transit the streets of Central American countries.
As of June 2017, 36% of automobile or sedan-type vehicles that circulated in countries in the region were of the Toyota and Hyundai brands.
Data from the report "Vehicle Fleet in Central America 2017" compiled by the Business Intelligence Unit at CentralAmericaData shows different characteristics of the vehicles circulating in Central American countries.
Currently, the average engine size of new cars sold in Guatemala is 1,485 cc, while in 2011, the average size was around 1,625 cc.
Figures from CentralAmericaData's report entitled "Central American Vehicle Park" show that between 2011 and 2017, the average engine size of the vans sold in Guatemala was also reduced, as in 2011 average engine capacity was 2,962 cc, while in 2017 this figure is around 2,419 cc.
In December 2016, 20% of the vehicles circulating in the countries of the region were between 1 and 5 years old, and 19% between 6 and 10 years old.
Data from the report"Vehicle Fleet in Central America 2016" compiled by the Business Intelligence Unit at CentralAmericaDatashows the different characteristics of the vehicles circulating in Central American countries.
1,018,000 vehicles are circulating in the country, of which 216,000 are motorcycles and the rest are cars, trucks and other vehicles.
Figures from the Transportation Ministry of El Salvador (VMT) point out that to date the fleet amounts to 1,018,584 units, most of them concentrated in the department of San Salvador, where official figures show 416,255 vehicles are circulating, 72,495 of which are motorcycles.
Between 2014 and 2016 the import of used cars grew by 65%, while new car imports rose by 9% in the same period.
The difference in prices is the main factor behind the exponential growth recorded in imports of used cars in El Salvador. Data from the General Directorate of Customs shows that in 2014 24,735 used vehicles came into the country, while in 2016 the figure rose to 41,000.
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 December 2015, 22% of the vehicles circulating in the countries of the region were between 1 and 5 years old, and 19% were between 6 and 10 years old.
The report "Vehicular Fleet in Central America in 2015," compiled by the Business Intelligence unit at CentralAmericaData com details the age of vehicles circulating in the countries in Central America.
The vehicle fleet grew from 713,000 vehicles in 2010 to 925,000 in 2015, of which 70% were used vehicles.
In the Salvadoran vehicle fleet used vehicles predominate.Of every ten vehicles that came into the country in 2015, seven were used, the vast majority coming from the United States.
In 2014, 84 000 new and used vehicles were sold in Guatemala, Costa Rica and Nicaragua alone, and it is expected that 2015 will close with an annual growth of nearly 10% across the region.
While the region has generally shown an upward trend in the marketing of vehicles, mainly new ones, the characteristics of each of the countries, particularly with regard to access to bank credit, makes the behavior of the auto market different in each.
The Ministry of Finance in El Salvador is inviting bids for preventive and corrective maintenance on the vehicles they are responsible for.
Government Purchase El Salvador DR CAFTA LA 07/2014:
"Service for preventive and corrective maintenance on vehicles belonging to the Ministry of Finance - Contract for the service of preventive and corrective maintenance for 173 vehicles belonging to the Ministry of Finance and its Dependencies, for the period January to December 2014."
The Ministry of Finance in El Salvador is putting out to tender the service of preventive and corrective maintenance for its fleet of vehicles.
The purpose of the tender is to contract out preventive and corrective maintenance for the vehicles belonging to the Ministry of Finance in El Salvador. The contract is for a maintenance service for one hundred and eighty-three (183) vehicles.