Guatemala: New Car Sales Up 27%The first months of 2014 show that the industry is recovering from the decline in sales in 2012/2013 caused by the entry into force of the first registration tax.Wednesday, April 2, 2014
An article in Prensalibre.com reports that José Javier Casas, general maanger of Cofino Stahl and president of the Union of Motor Vehicle Importers (Aidva) noted that "... In 2013 25,789 units were sold, in 2012 27,028 were sold; however, we predict that this year will close with an increase of 10%. According to Casas, this would mean about 30 thousand units being sold. Is expected that this will be achieved in the medium term and that they will beat the record of 2007, when 36,000 new cars were sold. " Source: prensalibre.com Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Honduras: Reduction in New Car SalesApril 2014 In 2013 vehicles sales fell by 20% compared to 2012 due to a rise in sales of used cars. Guatemala: Vehicle Imports Up 32%June 2011 In the first quarter of this year a total of 7,000 new units were imported, compared with 5,307 in the same period in 2010. Guatemalans Switch from Cars to MotorcyclesApril 2009 Automotive dealership Cofiño Stahl ventured into the motorcycle market after the collapse in car sales. Automobile Imports Down 61% in GuatemalaMarch 2009 In February 2009, 1,156 new cars were imported, a drop of 61.5% when compared to the 2,927 new cars imported in February 2008.
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