The Yamaha distributor in Costa Rica invested $5 million in the construction of a 4,000-square-meter building with a sales room, workshop and a parts store.
Lutz Hermanos y Compañía, distributor of the aforementioned motorcycle brand, inaugurated its new building in front of Capris, in La Uruca, San José.
In the first nine months of 2018, companies in the region imported motorcycles for $301 million, 4% more than the amount reported in the same period of 2017.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"]
Slightly more than 40% of the motorcycles that circulate in the provinces of the South American country correspond to the brands Corven, Yamaha, Bajaj, Keller and Motomel.
Data from the report "Motorcycle Fleet in Argentina up to 2018", from the Trade Intelligence Unit of CentralAmericaData, provides details on the characteristics of the different motorcycles that travel through the streets of the country.
More than four million motorcycles are in circulation throughout the North American country, of which 45% are in the states of Mexico, Jalisco, Guanajuato, Michoacan and Quintana Roo.
Data from the report "Vehicle Fleet in Mexico 2018" compiled by the Business Intelligence Unit at CentralAmericaData, provides details on the characteristics of the different vehicles that transit the streets of Central American countries.
In the first quarter of the year the Central American country bought $17 million worth of motorcycles from the Asian country, 70% more than in the same period in 2017.
Information from the interactive system "Motorcycle Market in Guatemala", compiled by the Business Intelligence Unit at CentralAmericaData, [GRAFICA caption="Click to interact with graph"]
Last year the region imported $422 million worth of motorcycles, and 80% of purchases were made from companies in China and India.
Information from the interactive system Motorcycle Market in Central America, compiled by the Business Intelligence Unit at CentralAmericaData, [GRAFICA caption="Click to interact with graph"]
In the first semester of 2017, Central American countries imported $174 million worth of motorcycles, 12% less than in the same period in 2016.
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"]
The motorcycle dealers union plans to close the year 2017 with the sale of 65,100 units nationwide, which would represent an increase of almost 5% compared to 2016.
The aim of the Nicaraguan Association of Motor Vehicle Dealers (Andiva) is to sell around 3,100 motorcycles more than last year.
In 2016, $170 million worth of motorcycles were imported, 9% more than in 2015, and the value imported from China and India grew by 6% and 9%, respectively.
Figures from the information system on the the Motorcycle market in Guatemala, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]
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"]
The union of importers of motorcycles has reported that in 2016 sales grew by 19%, lower than the 23% increase achieved in the previous year.
Figures from the Association of Motorcycle Importers (Aima) indicate that last year 67,736 units were sold, 19% more than what was sold in 2015, but lower than the 75,000 units that the union planned for this year.
Between January and September $39 million was spent on the import of motorcycles, 22% more than in the same period in 2015.
In the case ofcars and quad bikes,figures from the Central Bank of Nicaragua show that the value of imports was $101 million between January and September this year, registering an increase of 9% compared to the same period in 2015.