Honduras: Good Perspectives for Car Sales

The union of distributors plans to close 2016 with an annual increase of between 3% and 5% in sales of new vehicles.

Wednesday, November 30, 2016

Industry representatives estimate that the vehicle fleet will close 2016 with an annual growth of 10%, with at least ".... 15 thousand vehicles circulating in the country." 

See also: "Age of the Vehicle Fleet in Central America"

According to Elena Freije, executive director of the Honduran Association of Distributors of Motor Vehicles and Allied Workers (Adhiva), "...The figures mark a recovery after several years of stagnation and slight increases. "Times of crisis (economic and political) drove sales down, but in the last two years they have started to recover.'"

"...'The country's vehicle fleet reached 1,510,393 vehicles, of which 955.328 are vehicles and 551.065 are motorcycles," said D & N Juan Carlos Cardona, general manager of Vehicle Registration, a unit of the Institute of Property (IP). From January to November 11 this year 43,464 car sales were registered, 15,000 of which related to new cars. In total vehicle fleet, up to the same date, totaled 115.449 units and most were motorcycles (71.985)."

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