Vehicles in Panama: Sales Fall 9% up to May

According to the downward trend reported in recent years, between January and May this year, 19,819 vehicles were registered in the country, 9% less than in the same period in 2018.

Monday, July 8, 2019

The latest report of the General Comptroller of the Republic, details that between the first five of 2018 and the same period of 2019, the number of units registered in the country fell from 21,715 to 19,819.

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From January to May 2019, sales of SUV's reported a decrease over the same period in 2018, falling from 7,608 to 7,469 units, and Pick Ups sales recorded a 5% decrease, falling from 3,318 to 3,141 units.

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

On the other hand, trucks also recorded a decrease for the months concerned, from 694 to 479 units, a 31% decrease.

See Comptroller's Office statistics.

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More on this topic

Vehicles: Sales Fell 8% in the 1st Semester

August 2019

In Panama, the downward trend in sales reported in recent years continues, since between January and June this year 23,520 vehicles were registered in the country, 8% less than in the same period in 2018.

According to the latest report of the General Comptroller of the Republic, between the first six months of 2018 and the same period of 2019, the number of units registered in the country fell from 25,521 to 23,520.

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.

Car Sales Free-Falling

July 2018

Between January and May of 2018, 21,716 new units were registered in Panama, 12% less than in the same period in 2017, reaffirming the downward trend observed since last year.

The most up-to-date figures from the Office of the Comptroller General of the Republic show that from January to May 2018, 7,747 new vehicles were registered, 19% less than the 9,549 units registered in the same period in 2017.

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