Central America: Automotive Market Grows 10%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.Wednesday, July 29, 2015
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. Source: Revistamyt.com Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Electric Cars: Good Expectations for 2020October 2019 New models, better financing conditions and increased imports of used units would boost the sale of electric vehicles next year in Costa Rica. Panama: New Car Sales Slow DownFebruary 2017 Over the past year 66,700 new vehicles were registered, only 3% more than in 2015, while between 2014 and 2015, the increase was 7%. Luxury Cars in GuatemalaDecember 2014 Between January and October this year more than 1,300 high-end vehicles were sold, equivalent to 5% of new car sales in the same period. Panama: Luxury Car BoomMarch 2014 The sustained growth of the Panamanian economy is boosting luxury car consumption, championed by high-end cars.
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