Vehicles: Sales Fall 5% up to July 2019

In Panama, the downward trend in reported sales continues, since between January and July this year 27,484 vehicles were registered in the country, 5% less than in the same period in 2018.

Thursday, September 19, 2019

According to the latest report of the General Comptroller of the Republic, between the first seven months of 2018 and the same period of 2019, the number of units registered in the country fell from 28,970 to 27,484.

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From January to July 2019, sales of regular cars reported a decrease over the same period in 2018, dropping from 10,227 to 9,465 units, and Pick Ups sales recorded a 7% decrease, falling from 3,932 to 3,628 units.

Also see "Car Brands: Figures at the Beginning of 2019"

On the other hand, trucks also recorded a decrease for the months in question from 960 to 750 units, representing a 22% decrease.

See Comptroller's Office statistics.

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More on this topic

Luxury Cars: Sales Grow at 8%

January 2020

During the first 11 months of 2019, 2,421 luxury vehicles were sold in Panama, a figure 8% higher than that reported for the same period in 2018.

According to the most recent report from the General Comptroller of the Republic, between January and November 2018 and the same period in 2019, in general the number of units registered in the country fell slightly, from 45,896 to 44,101.

Luxury Cars: Sales Up 6%.

November 2019

The number of luxury vehicles marketed during September in Panama increased by 6% compared to the same month in 2018, a rise that contrasts with the fall in vehicle sales overall.

According to the report of the General Comptroller of the Republic, between the first nine months of 2018 and the same period of 2019, the number of units registered in the country fell from 37,084 to 34,906.

Vehicles: Is the Sales Trend Reversed?

September 2019

Although the downward trend in new vehicle sales continues in Panama, the declines in the number of units marketed reported in recent months compared to the same periods in 2018 are decreasing.

In line with the downward behavior of recent years, between January and May 2019 19,819 vehicles were registered in the country, 9% less than in the same period in 2018, and for the period from January to June it was reported that the year-on-year fall was 8%.

Vehicles in Panama: Sales Fail to Rebound

October 2018

During the first eight months of 2018, 33,343 new vehicles were registered, 13% less than in the same period of 2017, according to the behavior reported since last year.

The latest figures from the General Comptroller's Office show that from January to August 2018, 11,767 new car-type vehicles were registered, 20% less than the 14,643 units registered in the same period in 2017.

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