Vehicles: What are the Leading Brands in the Region?

At the end of the first half of 2019, 8% of the units on the streets of Central America were Honda, 7% Nissan, and 6% Hyundai, while Suzuki, Mitsubishi, Kia, Mazda and Ford made up 20% of the total.

Thursday, October 31, 2019

The report "Vehicular Fleet in Central America", from the Trade Intelligence Unit of CentralAmericaData gathers the most updated information on the automotive market in Central American countries.

Figures by Country
Of the total number of vehicles circulating in the region at mid-year, 35% were located in Guatemala, 20% in Costa Rica, 14% in Honduras, 11% in Panama, 11% in El Salvador and 9% in Nicaragua.
 
Regional Analysis by Type
Up to June 2019, 43% of the vehicles circulating in the region were automobile type, 32% motorcycles, 16% light load units, 5% heavy load and 3% were buses.

The share of light-duty vehicles in the total fleet has grown significantly in recent years, as at the end of 2017 they represented 13%, and by June of this year the figure had reached 16%.

Brands in Central America
As of the first half of this year, Toyota remained the brand with the largest number of vehicles circulating in the region. Other brands appearing to a lesser extent are Volkswagen, Isuzu, Chevrolet and Datsun.

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At the end of 2019, 32% of the vehicles circulating on the streets of Central America were of the brands Toyota, Nissan and Hyundai, while Honda, Suzuki, Kia, Isuzu, Mazda and Ford shared 25% of the total.

The report "Vehicles in Central America", from the Trade Intelligence Unit of CentralAmericaData collects the most updated information on the automotive market in Central American countries.

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Data from the report "Vehicular Fleet in Central America", from the Trade Intelligence Unit of CentralAmericaData, detail different characteristics of the vehicles circulating in the streets of Central American countries.

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