Motorcycle Boom in NicaraguaIn 2015 55,000 motorbikes were sold and importing companies plan to increase sales by 11% during 2016 to reach 62,000 units.Thursday, May 5, 2016
An article on Elnuevodiario.com.ni reports that "... Sales of these vehicles in the Nicaraguan market reached a volume of 55,000 units in 2015, representing the best commercial result since 2008 and an increase of 23% compared to 2014, according to the Nicaraguan Association of dealers of Motor Vehicles (Andiva). Another piece of data that confirms the dynamism of the motocycle sector is the Survey Measuring Living Standards 2014, which revealed that motorcycle ownership increased from 2% in 2005 to 11% in 2014, achieving growth of 513% between those years." Source: elnuevodiario.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Do you need more information about your business sector?Request more information: Need assistance? Contact us
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Nicaragua: Motorcycle Sales Could Grow 5% in 2017December 2017 The motorcycle dealers union plans to close the year 2017 with the sale of 65,100 units nationwide, which would represent an increase of almost 5% compared to 2016. A Lot More New Cars in NicaraguaFebruary 2016 In 2015 the import of new cars grew by 25%, led by sales of compact cars, and driven by an increase in purchasing power and greater access to credit on the part of Nicaraguans. Automotive Market in Nicaragua in 2015February 2016 Up until September 2015 imports of ground vehicles, tires and lubricants amounted to $450 million. Nicaragua: Car sales increase 25%November 2015 The union of importers of vehicles projects closing the year with a total of 19,000 new units sold, 25% more than the figures of 2014.
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