Smiles in the Guatemalan Automotive Sector

Between January and July 2012, car dealerships in Guatemala sold 15.410 units, up 12% compared to sales in the same period in 2011.

Monday, October 8, 2012

According to the Association of Importers and Distributors of Motor Vehicles (AIDVA), in 2010 19.426 units were sold, whereas in 2011 the figure went up to 23.524.

"Among the positive factors in the automotive industry what stands out is sufficient liquidity in the financial system and the low interest rates offered by banks, ranking below 10 percent. In addition, it is also believed that the business has been favored by the country's higher economic growth ", added revistaindustria.com.

Toyota led the semester with 3.390 units sold, followed by Nissan with 3.390, Kia (2,351) Hyundai (2,082), Chevrolet (926) Honda (701), Mazda (644), Volswagen (578), and Hino (556) .

In the premium car segment, BMW sold 266 units, Audi 242, Volvo 52 and Mini 17.



More on this topic

Guatemala: Car Sales Down

May 2017

The distributors' association reports a reduction of almost 4% in new vehicle sales for the first quarter of the year compared to the same period in 2016.

Jean Pierre Devaux, executive director of the Association of Importers and Distributors of Motor Vehicles (Aidva), commented to S21.gt that between January and March of this year "... 6 thousand 894 new units have been sold."

Luxury Cars in Guatemala

December 2014

Between January and October this year more than 1,300 high-end vehicles were sold, equivalent to 5% of new car sales in the same period.

According to the Association of Importers and Distributors of Motor Vehicles, the bestselling luxury car brands up until October of this year were: Audi, with 382 units, BMW, with 340 units sold, Land Rover with 127 units and finally Porsche with 104 cars.

Panama: Automotive Boom Continues

May 2014

In the first four months of the year 18,000 new cars were sold, 10% more than in the same period in 2013.

With the sale of 4,797 new vehicles between January and April 2014, Toyota ranks as the best-selling car brand in the country. In second place is Hyundai, with 3,245 units and in in third place Kia, with 2,917 vehicles sold.

Utility Vehicle Sales in Guatemala Grow

June 2012

In the first 5 months of the year, importers sold 2,960 new trucks, an increase of 63% compared to the same period in 2011.

In the first 5 months of 2011 1,820 new trucks were sold meaning that the figures for the first 5 months of this year show an increase of 62.6%, despite rising fuel prices.

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