More and More Chinese Vehicles in Costa Rica

Between 2009 and 2013 the number of Chinese vehicles in the Costa Rican Public Registry multiplied by 9.

Monday, March 3, 2014

In the last five years, Chinese vehicles went from 0.3% of new cars registered in the country to 2.2% in 2013, according to the National Registry Office. Brands such as BYD, Changan, Geely, Greatwall, JAC and ZAP, have been gaining ground in the Costa Rican market.

"... data from the National Registry Office shows growth in Chinese cars. From 110 registered in 2009, there was a jump to 1,055 last year. A total of 15 Asian brands were registered in 2013. "

Businessmen surveyed by explain that the price of these cars is the main attraction for customers. "Chinese products give more for less money (...). We give more extras than other brands and always at a better price," said Javier Collado, from the Great Wall dealership.

Jorge Guerra, CEO of Cori Motors, which sells the brand BYD said "... slowly the stigma of Chinese cars being shoddy is being left behind . There is always a mental barrier to Chinese products but with the passage of time this has been declining. Spares parts are part of the stigma which existed before, with people believing that it was difficult to get them. "

More on this topic

$284 million to Buy Suzuki Dealer in Costa Rica and Panama

April 2018

The English firm Inchcape has announced the acquisition of Grupo Rudelman, representative in Panama and Costa Rica of the Suzuki, JAC and Great Wall automobile brands, among others.

From a statement issued by Inchcape :

Inchcape plc (“Inchcape” or the “Group”)1 , the leading independent multi-brand Automotive Distributor and Retailer with global scale, is pleased to announce the acquisition of Grupo Rudelman, an Automotive Distribution business in Central America focused on Suzuki, for a total cash consideration of $284 million (£201 million2 ), on a cash-free and debt-free basis.

What and How Much in Guatemala´s Auto Market

December 2016

Suzuki S.A., Canella S.A. and Agencia y fábrica Honda S.A. are the three companies with highest number of commercial establishments dedicated to the sale of motorcycles, cars, and spare parts in the country.

In Guatemala 5,500 commercial establishments are registered in the automotive sector dedicated to selling vehicles, parts and replacements, 75% of which are concentrated in the department of Guatemala.

More Hybrid Cars in Costa Rica

February 2015

The tax exemption enjoyed by these vehicles is one of the factors driving their sales in the country, where three agencies are now marketing them and two are preparing their market entry.

Dealerships that have ventured into selling hybrid vehicles in recent years say the rise in sales is mainly due to these types of cars being exempt from vehicle restrictions in force in the country and because they only pay 10% of the selective consumption tax instead of 30% paid by conventional vehicles.

More Chinese Cars in Guatemala

October 2011

Chinese car dealers are betting on price and quality as strategies to increase their participation in the Guatemalan market.

New models have been presented by the brand Wuling, Jinbei and Chana.

"The Veins brand manager, Otto Palma, said that Chinese vehicle quality has improved due to customer demand.

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