Vehicles: Sales in Panama Worsen

During the first seven months of 2018, 28,959 new vehicles were registered, 14% less than in the same period in 2017, aggravating the behavior that has been reported since last year.

Tuesday, September 4, 2018

According to the latest report from the Office of the Comptroller General of the Republic, from January to July 2018, 10,205 new vehicles were registered, 22% less than the 13,048 units registered in the same period in 2017. 

See also "Automotive workshops: Where are they located?"

During the first seven months of 2018, sales of SUV's vehicles reported a decrease of 11% compared to the same period in 2017, falling from 11,295 to 10,087 units, and Pick Up Truck sales registered a decrease of 8%, falling from 4,810 to 4,429 units. 

See also: "What Car Brands are Circulating in Central America?"

For their part, trucks also registered a decrease in the periods in question, falling from 1.150 to 956 units, which represents a decrease of 17%. 

The fall of 14% recorded in year-on-year sales accumulated during the first seven months of the year, exceeds the 13% contraction reported from January to July 2017.  

See statistics from the Comptroller's Office. (In Spanish) 

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