Guatemala amid boom in two-wheeled transport

Guatemala is undergoing a boom in motorcycle ownership. Tax authorities say that 24,570 new motorcycles have entered the country so far this year alone.

Friday, May 16, 2008

The increase is attributed to increased fuel prices and heavy traffic. But the downside has been a sharp rise in the number of accidents in which motorcycles are involved.

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More Motorcycles from China and India in Central America

August 2017

In 2016 Central American countries imported $420 million worth of motorcycles, and compared to 2015, purchases from China and India increased by 15% and 10%, respectively.

Figures from the information system on the the Motorcycle market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]

Motorbike Boom Continues in Guatemala

October 2012

There are now 730,000 bikes in Guatemala, where sales of powered two-wheelers have increased 20% compared to last year.

Elperiodico.com.gt reports that "According to statistics from the Superintendency of Tax Administration (SAT), dealers imported 59,449 motorcycles during the first half of this year.

Regional Motorcycles Market Grows

May 2012

Unicomer group recorded an increase in sales of 160%, with 310.000 motorcycles sold throughout the region each year.

Sales in Central America and the Dominican Republic have experienced remarkable growth, judging by the results from various distribution houses due to a combination of favorable prices and credit facilities.

Guatemala: Motorcycle Market Growing

October 2011

At the end of 2011, 84,000 bikes will have been sold, 33% more than in 2010, when 62,900 were sold.

In September alone motorcycle sales rose by 30% compared to the same period in 2010.

Antonio de Leon, marketing manager of Grupo Sikamotor noted that despite the increase, the market has not recovered to 2008 levels when a total of 88,300 units were sold.

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