Vehicles: Sales Rebounded in March 2021

After several months of reporting year-on-year declines in the number of vehicles sold in Panama, during the third month of the year an increase of 93% was recorded.

Tuesday, May 4, 2021

The Comptroller General's Office reported that between March 2020 and the same month of 2021, the number of new units registered in the country increased 93%, going from 2,099 to 4,057.

See "Vehicles: Sales Potential by Brand"

From January to March 2021, sales of regular car-type vehicles reported a 22% decrease compared to the same period in 2020, dropping from 3,280 to 2,561 units, and sales of Pick Ups registered a 1% rise, going from 1,350 to 1,365 units.

You may be interested in "Vehicles: Prices, Trends and Potential Market"

For their part, trucks also recorded a decrease for the months in question by dropping from 209 to 199 units, representing a 5% decrease. See statistics from the Comptroller's Office.

Do you know that we are now part of something bigger?
Learn about PREDIK Data-Driven, our new global brand.

Do you need to understand the current reality of the automotive market? Contact Us









this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

Vehicles in Panama: Sales Fall 8% in April

June 2019

According to the downward trend reported in recent years, between January and April this year 15,771 vehicles were registered in the country, 8% less than in the same period in 2018.

The most recent figures of the General Comptroller of the Republic, detail that between the first quarter of 2018 and the same period of 2019, the number of units registered in the country fell from 17.098 to 15.771.

Vehicles in Panama: Sales up to 1st Quarter 2019

May 2019

As a result of the downward trend reported in recent years, between January and March this year 11,292 vehicles were registered in the country, 11% less than in the same period in 2018.

The most recent data from the General Comptroller of the Republic detail that between the first quarter of 2018 and the same period of 2019, the number of units registered in the country fell from 12,618 to 11,292.

No One Wants New Cars in Panama Anymore?

November 2018

Between January and September 2018, in accordance with the behavior reported since last year, 37,078 new vehicles were registered, 13% less than in the same period in 2017.

According to the most recent figures of the General Comptroller, from January to September 2018, 12,938 new automobile type vehicles were registered, 21% less than the 16,299 units registered in the same period of 2017.

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.

 close (x)

Receive more news about Auto Industry

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Sep 20)
Brent Crude Oil
73.070
Coffee "C"
182.35
Gold
1,763
Silver
22.162