Vehicles: Sales in Panama Up 20%

Between the first four-month period of 2020 and the same period of 2021, vehicle sales in the local market increased by 20%, a rise that is largely explained by the behavior of marketed units of cars and SUVs.

Thursday, June 17, 2021

The Office of the General Comptroller of the Republic reported that between April 2020 and the same month of 2021, the number of new units registered in the country increased 2,634%, going from 117 to 3,199. This abnormal variation is a consequence of the crisis caused by the Covid-19 pandemic.

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From January to April 2021, sales of regular car-type vehicles reported a 9% rise compared to the same period in 2020, going from 3,291 to 3,578 units, and sales of SUVs recorded a 34% increase, rising from 3,355 to 4,479 units.

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For their part, trucks also recorded an increase for the months in question by rising from 217 to 280 units, representing a 29% increase.

See statistics from the Comptroller's Office.



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