After in 2020 in the Salvadoran market the marketing of vehicles classified as luxury decreased 20%, brands such as BMW expect that 2021 will be better, since its local sales in the first two months of the year started off well by increasing 8% year-on-year.
During last year, 220 premium segment vehicles were sold in El Salvador, 47% of the total number of units sold corresponds to the BMW brand.
During the first eight months of 2018, 33,343 new vehicles were registered, 13% less than in the same period of 2017, according to the behavior reported since last year.
The latest figures from the General Comptroller's Office show that from January to August 2018, 11,767 new car-type vehicles were registered, 20% less than the 14,643 units registered in the same period in 2017.
During the first seven months of 2018, 28,959 new vehicles were registered, 14% less than in the same period in 2017, aggravating the behavior that has been reported since last year.
In line with the behavior reported since last year, during the first semester, 25,522 new vehicles were registered in Panama, 13% less than in the same period in 2017.
According to the guild of vehicle importers, the premium car and SUV segment accounts for about 15% of total sales.
Data from the Association of Importers of Vehicles and Machinery (Aivema), "... on imports and sales shows that the total number of premium cars and SUV's oscillates between 5% and 8% of the 36,000 new units that came into the country in 2017, but they represent 15% of sales. Prices, on average, are higher and there are differences of more than 100% between brands."
Between January and August this year, 43,976 new vehicles were registered in the country, almost 8% more than in the same period in 2015.
Of the total number of vehicles registered during the first eight months of the year, 41% were regular cars, 29% were SUVs, and 15% Pick ups, according to figures from the Office of the Comptroller General of Colombia.
In the first half of the year registration of vehicles grew by 7%, driven by registrations of SUV vehicles, which grew by 18% and by pickup trucks, which grew by 35%.
Data from the Comptroller General of the Republic showed that in the first half of the year 33,164 vehicles were registered, of which 13,877 were regular cars, 1,424 were luxury cars, 9,568 SUVs and 5,111 pick ups,In addition about 2700 buses, trucks and other vehicles were registered.
In the first five months of the year imports of regular cars fell by 4% compared to the same period in 2015, and the luxury car segment fell by 11%.
Figures from the Office of the Comptroller General of Colombia highlighted the 7.7% increase in vehicle imports in the first five months of the year compared to the same period in 2015.
Up to December 2015 4.429 more new vehicles were sold than in 2014, representing an increase of 7.3%.
Total sales of new cars in Panama grew by 7.3% up to December 2015, going from 60,306 new cars sold in 2014 to 64,735 sold last year, according to the National Institute of Statistics and Census (INEC).
In 2014, 84 000 new and used vehicles were sold in Guatemala, Costa Rica and Nicaragua alone, and it is expected that 2015 will close with an annual growth of nearly 10% across the region.
While the region has generally shown an upward trend in the marketing of vehicles, mainly new ones, the characteristics of each of the countries, particularly with regard to access to bank credit, makes the behavior of the auto market different in each.
In the first half of the year 58,373 new vehicles came into the country, 75% used and 25% new, registering an increase of 33% compared to the same period in 2014.
Between January and June, more than 14,423 motor vehicles were imported than in the same period last year, with used cars recording the largest increase, with 43%, while the entry of new vehicles grew by 9.6%, according to figures from the Tax Authority (SAT).
In 2013 61.815 vehicles entered the country having a total value of $540 million, with Toyota, Kia and Honda being the three most imported brands.
In 2013 vehicle imports into Guatemala fell by 5.5% compared to total imports in 2012, going from $570 million to $540 million (CIF value), according to a report prepared by the Department of Commercial Intelligence at CentralAmericaDATA.COM.
The first months of 2014 show that the industry is recovering from the decline in sales in 2012/2013 caused by the entry into force of the first registration tax.
An article in Prensalibre.com reports that José Javier Casas, general maanger of Cofino Stahl and president of the Union of Motor Vehicle Importers (Aidva) noted that "... In 2013 25,789 units were sold, in 2012 27,028 were sold; however, we predict that this year will close with an increase of 10%. According to Casas, this would mean about 30 thousand units being sold. Is expected that this will be achieved in the medium term and that they will beat the record of 2007, when 36,000 new cars were sold. "
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