Currently, the average engine size of new cars sold in Guatemala is 1,485 cc, while in 2011, the average size was around 1,625 cc.
Figures from CentralAmericaData's report entitled "Central American Vehicle Park" show that between 2011 and 2017, the average engine size of the vans sold in Guatemala was also reduced, as in 2011 average engine capacity was 2,962 cc, while in 2017 this figure is around 2,419 cc.
Of the total number of vehicles circulating in the country in December 2016, 35% were automobiles, 31% motorcycles, 22% light-duty vehicles and 7% heavy load vehicles.
Figures from the report "Central American Vehicle Park", prepared by CentralAmericaData's Business Intelligence Unit, show that as of December 2016, 2.2 million vehicles were circulating in Guatemala, of which more than half were automobiles and motorcycles.
In 2016 the value of imports of lubricants from the United States fell by 6% compared to 2015, going from $96 million $90 million.
Figures from the information system on the the Lubricants Market in Central America , compiled by the Business Intelligence Unit at CentralAmericaData : [GRAFICA caption = "Click to interact with the graph"]
Although traditionally trucks for agricultural work and new cars were the types of vehicles that most frequently made use of bullet proof windows, now in Guatemala it has been reported that there is increased demand from owners of compact and light vehicles.
Insecurity has led to an increase in the number of companies in the industry, and now the focus is not only on the segment with the highest purchasing power, but also on a new growing market consisting of merchants and business managers.
The biggest event in the automotive industry in Detroit is an opportunity for suppliers to interact with industry professionals from the leading companies in the industry.
A delegation of Nicaraguan investment advisors will be participating for the first time in the most important automotive event in Detroit, USA: Automotive Manufacturing Meetings 2016: “Mobility Innovation in the 21st Century”.