Audi sales increase 49% in Panama

In 2008 269 automobiles were sold, according to Consultenos S.A., the exclusive importer in Panama.

Tuesday, January 20, 2009 reports: "We exceeded the goal we set at the beginning of 2008," said Roberto Duran De La Guardia, manager of Audi Panama.

According to Duran, this will be the fifth consecutive year of "very good growth in the country"."

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Car Sales in Panama Up 16%

May 2013

In the first quarter of 2013, 17,105 cars were sold , ie 2,296 more than in the same period in 2012. reports that "this represents an increase of 16% as from January to April 2012 14,809 units were sold, according to statistics from the Automobile Dealers Association of Panama (ADAP)".

Panama: Car Sales Up 19% in March

April 2013

During the third month of 2013 automakers in Panama sold 19% more cars than in the same period in 2012.

According to the Automobile Dealers Association of Panama (ADAP), in March 4479 units were sold, while in the same period last year the figure was 3771.

"In the first three months of this year 12,473 new cars have been sold.

Group Cofiño Stahl to Market Audi in Guatemala

June 2009

The business anticipates opening a new agency to assist clients in September.

The manager of sales, Jorge Vallendor, announced that next month they will present the 5-passenger Audi Q5 vehicle.

Roxana Larios writes in an article in "Starting this month, Group Cofiño Stahl will market Audi cars after the acquisition of Regesa, which is part of Continental Motors," reports the general manager of the Group, José Javier Casas.

Sale of automobiles slows in Panama

November 2008

Sales by the sector reflect the economic condition of the country. Next year, car sales will depend on banking policies.

This rate of growth, 33% of sales, is the lower than in 2007.

According to the Superintendence of Banks, 16 entities are competing to grant credit for cars in Panama and 4 are leading the sector.

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