Nicaragua: Investment in the Automotive Sector

Grupo Q is investing $5 million in the construction of an automotive center of 4 thousand square meters, including an exhibition area and vehicle sales, parts and maintenance service area.

Monday, November 30, 2015

Representatives of the distributor of Nissan and Chevrolet, whose headquarters are in El Salvador, believe that the economic growth seen in Nicaragua in recent years has led to the arrival of new investments in different productive sectors. Carlos Enrique Quiros, commercial regional vice president of Q Group, told Elnuevodiario.com.ni that "... it is a good time to invest."

He added that "... "Nicaragua was a country we saw a great potential in a long time ago and the time has come where we are starting to see the country taking off in many areas, such as tourism, and with much more stability.'"

"... The automotive complex which they have just started to build in the Jean Paul Genie highway, on a hectare and a half of land, will have more than 4,000 square meters of covered area and, according to the regional representative of the Q Group, will feature showrooms, areas for maintenance, spare parts, paint, among other services that customers demand. "

More on this topic

Costa Rica: $10 Million for Car Workshops

September 2017

The state insurer plans to invest just over $10 million in the construction of nine vehicle repair shops in different areas of the country.

The plan by the National Institute of Insurance (INS) is to stop using the network of external workshops to review and repair vehicles of its policyholders. 

Automotive Maintenance: In-Company or Outsourced?

July 2011

Investing in and maintaining an in-company workshop is expensive, but when the fleet size is large, the reduction in maintenance and repair costs can justify it.

This is the experience of Coca Cola Femsa in Costa Rica, which is performing preventive and corrective maintenance, and technical reviews of the 450 vehicles in its fleet in its own automotive workshop.

Excel Automotive Expands in El Salvador

September 2010

The Excel Automotive car dealership opened its new headquarters in the Department of Sonsonate.

The new complex offers integrated services which include sales of new vehicles, maintenance and part sales.

Andres Poma, National Manager of Excel Automotive, told Laprensagrafica.com, "The complex is located one block from the railway monument and has a total area of 2.520 m² of which 548 m² are workshop services.

Grupo Q Opens Vehicle Workshop in Costa Rica

June 2010

The company unveiled a 14.000 square meter service center for heavy load vehicles, called “ServiQ Tallers Flotas”.

It is located in the capital city of San José, in the industrial area of la Uruca, and will serve heavy load trucks and large vehicular fleets.

“The company will also offer an on-site maintenance service.

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