Motorcycles: Investment in Service Center

The Yamaha distributor in Costa Rica invested $5 million in the construction of a 4,000-square-meter building with a sales room, workshop and a parts store.

Thursday, April 11, 2019

Lutz Hermanos y Compañía, distributor of the aforementioned motorcycle brand, inaugurated its new building in front of Capris, in La Uruca, San José.

You may be interested in "Motorcycles in Central America: Imports up to September 2018”.

Sergio Gutierrez, general manager of Yamaha Costa Rica, told Elfinancierocr.com that "... with the new facilities and the service they offer, they guarantee better support for the brand's motorcycles, quads and outboard engines."

The article adds that "... The service workshop in La Uruca has eight mechanics for the land area and five for the marine division, which are part of a service team with presence in most of the national territory.

CentralAmericaData reports show that from January to September 2018 the main importer of motorcycles in the region continued to be Guatemala, with $128 million, followed by Honduras, with $66 million, Costa Rica, with $38 million, El Salvador with $35 million, Nicaragua with $30 million and Panama, with $6 million.

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Vehicles: New Service Center in Guatemala

September 2019

Honda invested $8 million in the construction of its new service center, which has a 14,000 square meter area and is located in Zone 10 of the capital.

The Honda Center is a five-story, two-basement building in which the company has areas for salesrooms, parking spaces and vehicle repair shops.

Regional Motorcycles Market Grows

May 2012

Unicomer group recorded an increase in sales of 160%, with 310.000 motorcycles sold throughout the region each year.

Sales in Central America and the Dominican Republic have experienced remarkable growth, judging by the results from various distribution houses due to a combination of favorable prices and credit facilities.

Guatemala: Motorcycle Market Growing

October 2011

At the end of 2011, 84,000 bikes will have been sold, 33% more than in 2010, when 62,900 were sold.

In September alone motorcycle sales rose by 30% compared to the same period in 2010.

Antonio de Leon, marketing manager of Grupo Sikamotor noted that despite the increase, the market has not recovered to 2008 levels when a total of 88,300 units were sold.

Guatemalans Switch from Cars to Motorcycles

April 2009

Automotive dealership Cofiño Stahl ventured into the motorcycle market after the collapse in car sales.

Car sales have decreased by more than 60% in the last year, forcing the sector to react and adapt. In the face of this situation, Cofiño Stahl, Chevrolet dealer, decided to enter the growing motorcycle market by importing and distributing the Chinese brand Genesis.

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