Car Sales Down 19% up to February 2018

Following the downward trend seen since last year in Panama, in February 3,846 units were registered, 19% less than the amount reported in the same month in 2017.

Monday, April 2, 2018

<span dir="ltr">Figures from the Office of the Comptroller General of the Republic detail that in the second month of 2018, 1,335 new vehicles were registered, 33% less than the 1,999 units registered in the same month in 2017.

See: "Imports of car batteries from Mexico"

During the months of February of 2017 and 2018, sales of SUV's reported a decrease of 18%, falling from 1,551 to 1,271 units, and sales of Pick Up Trucks registered growth of 20%, rising from 554 to 662 units.

See also: "The Vehicle Market in Central America"

On the other hand, the number of registered units in the first two months of 2017 and 2018 decreased 22%, falling from 3,715 to 2,892 units.

See statistics by the Controlaria (in Spanish).

Do you need more information about your business sector?

Request more information:








this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Vehicles in Panama: Sales Fail to Rebound

October 2018

During the first eight months of 2018, 33,343 new vehicles were registered, 13% less than in the same period of 2017, according to the behavior reported since last year.

The latest figures from the General Comptroller's Office show that from January to August 2018, 11,767 new car-type vehicles were registered, 20% less than the 14,643 units registered in the same period in 2017.

Vehicles: Sales in Panama Worsen

September 2018

During the first seven months of 2018, 28,959 new vehicles were registered, 14% less than in the same period in 2017, aggravating the behavior that has been reported since last year.

According to the latest report from the Office of the Comptroller General of the Republic, from January to July 2018, 10,205 new vehicles were registered, 22% less than the 13,048 units registered in the same period in 2017. 

Cars in Panama: Sales Not Picking Up

August 2018

In line with the behavior reported since last year, during the first semester, 25,522 new vehicles were registered in Panama, 13% less than in the same period in 2017.

According to the latest data from the Office of the Comptroller General of the Republic, between January and June 2018, 9,012 new vehicles were registered, 21% less than the 11,368 units registered in the same period in 2017. 

Panama: Car Sales Continue Downward Trend

May 2018

Following the downward trend that has been observed for several months, 12,617 units were registered in the first quarter, 11% less than was reported in the same period in 2017.

Figures from the Comptroller General of the Republic show that in the first quarter of 2018, 4,548 new vehicles were registered, 22% less than the 5,790 units registered in the same month in 2017.

 close (x)

Receive more news about Auto Industry

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Gluten-free food business for sale

Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand.
The OHNE brand has 8 product lines: square bread, sweet...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Jan 22)
Brent Crude Oil
55.050
Coffee "C"
125.35
Gold
1,856
Silver
25.490