Between July and October 2020, the number of people in Panama looking for vehicle transmission repair services online increased by 71%, and the number of Salvadoran consumers who explored options for auto glass repair increased by 60%.
CentralAmericaData's interactive platform, Consumer Insights, monitors in real time changes in consumer habits in all markets in the region and in other Latin American countries, with fundamental information to understand their behavior, new trends and anticipate eventual changes in their purchase patterns.
In the first quarter of 2020, the region imported vehicle parts and spare parts for an amount of approximately $267 million, 7% less than that recorded in the same period of 2019, a decrease that is mainly explained by the behavior of purchases by Panamanian companies.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
During May and June in most markets of the region the interest of consumers in vehicle maintenance services has rebounded, and currently it is estimated that in Central America about 250 thousand people are looking to hire services associated with the subject through the Internet.
Through a system developed by CentralAmericaData, which monitors in real time changes in the number of consumers trying to purchase a specific product or service in Central American countries, their interests and preferences, it is possible to project short and long term demand trends for different products, sectors and markets operating in the region.
The countries of the region imported batteries for vehicles for $50 million in the first quarter of 2018, and 60% was purchased by companies in Guatemala, Costa Rica and Panama.
Figures from the information system on the Market for Electric Lead Accumulators to Start Piston Engines in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
In 2016, the region imported close to $1.043 billion worth of spare and replacement parts for vehicles, 8% more than what was purchased in 2015.
Figures from the information system 'Market for Spare Parts for Vehicles in Central America', prepared by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]
The value of imports of spare parts and auto parts for vehicles registered between January and September 2016 grew by 14% compared to the same period in 2015.
Figures from the Information Systemon the Market for Vehicle Parts and Accessories in El Salvador, compiled by the Business Intelligence Unit at CentralAmericaData: [Figure caption = "Click to interact with graphics"]
From March 3 to 5 automotive companies in Guatemala and the region will be exhibiting their products and exploring business opportunities in the Motor Expo trade show.
The event will be held in Parque de la Industria from March 3 to 5 and is expected to include the participation of more than 1,000 business representatives.There will be product displays, networking activities for participating companies and training workshops.
The vehicle fleet grew from 713,000 vehicles in 2010 to 925,000 in 2015, of which 70% were used vehicles.
In the Salvadoran vehicle fleet used vehicles predominate.Of every ten vehicles that came into the country in 2015, seven were used, the vast majority coming from the United States.
The Ministry of Finance in El Salvador is putting out to tender the service of preventive and corrective maintenance for its fleet of vehicles.
The purpose of the tender is to contract out preventive and corrective maintenance for the vehicles belonging to the Ministry of Finance in El Salvador. The contract is for a maintenance service for one hundred and eighty-three (183) vehicles.
Automan, a repair and car maintenance, company will begin operations in 90 days.
Located in the Pedregal Free Zone, the company plans to provide maintenance service to imported used vehicles and then export them to other destinations. They hope to open emerging markets like Africa.
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