Diversification in the Motorcycle Market in Costa Rica

With the entry of the Colombian brand AKT the motorcycle market in the country is diversifying and growing.

Wednesday, March 12, 2014

Unicomer Group, owner of the stores Gollo and La Curacao, will start selling AKT motorcycles, owned by the Colombian group.

Eduardo Córdoba, corporate business manager at Unicomer Group told Elfinancierocr.com: "It's a new line of business, part of Unicomer Group's strategy, and responds to the regional market situation in Costa Rica where we detected an opportunity to meet the needs of a customer segment that has evolved in its consumption habits. "

"The brand is already sold in Colombia and Nicaragua, and in the coming months will be distributed in Ecuador and Honduras."

More on this topic

Increase in Opticians in Costa Rica

February 2015

A business group in the retail sector has entered the opticians business, opening the first of eight stores which they plan to open throughout the year.

The new trend in the opticians market is financing products through a system similar to that offered in white good stores. Under this scheme the brand Gollo Ópticas, by the Unicomer Group, will soon open 8 sales outlets reporting an investment of about $100,000 for each one.

Guatemala: Motorcycle Fleet Quadruples in Ten Years

July 2014

Of the 904,000 units registered to date, the so-called "work bikes" with engines of between 125-200 cubic centimeters represent 60% of the total.

Between 2005 and 2014 the number of registered motorcycles increased by 439%, going from 167,643 to 904,747, according to figures from the Superintendency of Tax Administration (SAT).

The Motorcycle Market in Costa Rica

March 2014

Increased demand and easier financing facilities provided by the motorcycle distributors are driving sales in an increasingly competitive market.

The motorcycle market in Costa Rica has added new participants in the last three years, during which imports of these vehicles went up by 30%.

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.

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