Commercial Vehicles Boost Recovery

After vehicle sales practically disappeared due to the decreed quarantine, the distributors in El Salvador begin to notice an incipient reactivation of the market, which is explained by the demand for units for commercial use.

Monday, September 7, 2020

Months ago CentralAmericaData predicted the behavior that is currently confirmed by vehicle distributors in El Salvador. A May 15 publication details that as of that date and in the context of the covid-19 outbreak, interest in cargo transportation vehicles in Central American markets was already reporting a clear upturn, with Guatemala, El Salvador and Panama being the countries that registered the greatest increases in interactions associated with the issue.

Jose Roberto Renderos, brand manager of Nissan -distributed by Group Q-, explained to Elmundo.sv that "... the sector is beginning to show a lukewarm recovery, relieved by the take-off of demand for commercial vehicles."

You may be interested in "Potential Demand for Vehicles in Central America"

Sandra Hernandez de Velasquez, brand manager of Chevrolet, distributed by Excel Automotriz, also believes that the vehicles of the commercial line are those that have the greatest potential to be commercialized in this scenario of new business reality.

Velasquez explained that "... In the case of Excel, with its Chevrolet brand, just in February 2020 we launched our totally new commercial line N400, both in its panel version and in the minibus version, which has undoubtedly come to revolutionize the market'. The N400 has had a good acceptance among clients as distributors, entrepreneurs and companies that look for different ways to make their products arrive to each Salvadoran home."

See "Vehicle Maintenance: Potential Market and Trends"

The interactive system of information on the purchase intentions of consumers developed by CentralAmericaData, states that in Central America nearly 200 thousand people are trying to buy a commercial vehicle.

Do you need to understand the new environment of the automotive market? Contact Us








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

Used Cars: Demand in the New Reality

September 2020

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.

Vehicles: Urgent Opening of Sales Channels

June 2020

In Panama, the distributors' union is asking the government to open up sales channels, which is included in the third block of the return to normal scheme, whose start date has not yet been defined.

Vehicle sales in the Panamanian market are going through their worst moment.

Vehicles: New Reality, New Strategies

May 2020

Focusing on increasing income from after-sales services and making alliances with banks to offer better financing conditions are some of the strategies that car dealers in Panama intend to implement in this new reality.

Representatives of Ricardo Perez S.A., a Toyota brand distributor in the country, believe that because the purchase of a vehicle represents the second most important financial transaction in a family, the automotive sector will be seriously affected in this context of the spread of covid-19.

Automotive Sector: Strategies in the New Business Reality

May 2020

Making alliances with factories, applying distance protocols at points of service and encouraging the use of digital platforms are some of the strategies that have begun to be implemented by new vehicle distributors in the region.

Managers of Grupo Q, a company that operates 40 salesrooms in Central America, explained that given the spread of covid-19 and the restriction of consumer mobility, they are working to deepen alliances with factories and achieve a comprehensive chain of savings in different areas.

 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


Looking for Importers and distributors of furniture

Mexican manufacturer of office furniture seeks importers and distributors interested in dealing their products in Central America.
PM Steele is a 100% Mexican company, with more than 67...

Stock Indexes

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

Commodities

(Nov 26)
Brent Crude Oil
47.780
Coffee "C"
117.15
Gold
1,815
Silver
23.35