In the countries of Central America, more than 21 million people are looking to buy a vehicle online, and of this consumer segment, close to 4% explore options for acquiring a Suzuki brand car.
CentralAmericaData's interactive information system monitors in real time the changes in consumer habits in all markets in the region, with fundamental information to understand the current commercial environment in which companies from all industries must operate.
The union of vehicle dealers reported that the brands Toyota, Hyundai and Kia led sales in the country, with 35,000 units sold in 2016.
Figures from the Association of Automobile Dealers in Panama (ADAP) indicate that these three brands are the most commonly traded in the country. Capital.com.pa indicates that the Toyota brand"... leads the list with 42,249 vehicles sold in the last three years. In 2014 14,223 cars were sold and although in 2015 there was a drop in sales (13,642) they rebounded in 2016 and 14,384 cars were sold."
In December 2015, 22% of the vehicles circulating in the countries of the region were between 1 and 5 years old, and 19% were between 6 and 10 years old.
The report "Vehicular Fleet in Central America in 2015," compiled by the Business Intelligence unit at CentralAmericaData com details the age of vehicles circulating in the countries in Central America.
In the first quarter of the year,14,891 new cars were sold, which is 1,298 more than in the same period last year.
It is expected that this year the growth rate will be maintained and will rise above the 7% increase that was reported in 2014, when 60,000 new cars were sold during the year. Toyota, Hyundai, Kia, Nissan, Suzuki and Honda were still the most sought after brands, according to information from the Association of Automobile Dealers of Panama (ADAP).
In 2014 60.304 new vehicles were sold, 7% more than in 2013, with Toyota, Hyundai and KIA being the top of the list of best selling brands.
According to the Automobile Dealers Association of Panama (ADAP), sales projections for 2014 were for 58,000 units, however, with the Panama Motor Show sales surpassed 60,000 units. It is expected that for 2015 growth will be around 2% to 4%.
In the first eight months of the year car sales increased by 5% compared to the same period last year, a rate which is less than the growth in previous months.
The speed of growth in car sales in Panama continues to decline. Between January and August 38,034 vehicles were sold, which is just over the 36,190 units sold in the same period in 2013, according to data from the Association of Automobile Dealers in Panama (Adap).
In the first seven months of this year 33,245 new vehicles were sold, which is 4.7% more than in the same period last year, with Toyota, Hyundai and Kia's being the best-selling brands.
During the first seven months of this year 33,245 new vehicles were sold in the country, 4.7% more than the 31,745 units sold between January and July 2013, maintaining the dynamism of previous months.
In the first four months of the year 18,000 new cars were sold, 10% more than in the same period in 2013.
With the sale of 4,797 new vehicles between January and April 2014, Toyota ranks as the best-selling car brand in the country. In second place is Hyundai, with 3,245 units and in in third place Kia, with 2,917 vehicles sold.
"According to statistics from the Automobile Dealers Association of Panama (ADAP) ...
Between January and October 2013 car dealers sold 46,983 new vehicles, more than the 6,379 cars sold in the same period of 2012.
The top selling brands include Hyundai, Toyota and Kia. The first had a growth of 9% between January and October, while Toyota and Kia sales increased by 23% and 35% respectively, compared with the previous year.
The statistics were provided by the Automobile Dealers Association of Panama, which reported that in October alone 7,054 cars were sold, mainly due to the Panama Motor Show being held which involved about 30 car distributors.
Between January and July 2013 car dealerships sold 31,745 new cars while in the same period of 2012 the figure was 27,142.
The statistics were supplied by the Automobile Dealers Association of Panama (ADAP). During the first months of 2013 more than 4,603 cars were sold than in the same period in 2012.
Among the best-selling car brands in Panama were: Hyundai, Toyota, Kia and Nissan.
February closed with the sale of 2,769 new cars, but 3,394 units were sold during the same period in 2008.
This represents the lowest figure in the last 12 months.
Journalist Manuel Luna wrote in laestrella.com.pa: "Luxury brands were affected such as Mercedes Benz where 23 cars were sold in January and only 15 were sold in February, while Lexus went from 20 to 8 cars sold.