Vehicles: Sales Keep Declining

In Panama, the decreasing behavior of reported sales continues, since between January and August of this year 31,498 vehicles were registered in the country, 6% less than in the same period of 2018.

Tuesday, October 8, 2019

According to the latest report of the General Comptroller of the Republic, between the first eight months of 2018 and the same period of 2019, the number of units registered in the country fell from 33,349 to 31,498.

You may be interested in "Automotive business in Central America

From January to August 2019, sales of regular cars reported a decrease over the same period in 2018, falling from 11,789 to 10,983 units, and Pick Ups sales recorded a decrease of 8%, falling from 5,100 to 4,699 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, falling from 1,065 to 876 units, representing an 18% decrease.

See Comptroller's Office statistics.

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