Transporte Masivo de Panama S.A. tenders the supply of original spare parts and tools for Volvo chassis for Gran Viale B7R and Torino B290R buses that make up the company's fleet.
Panama Government Purchase 2021-2-81-01-08-LP-003129:
"The Contractor shall maintain proper inventory levels in all warehouse facilities and possess the specialized tools that facilitate the work of technicians in order to perform preventive and corrective maintenance in each of the six (6) workshops that make up each Operation and Execution Center (COE) of Transporte Masivo Panama, S.A., for a period of thirty-six (36) months counted from the notification of the order to proceed issued once the respective contract has been countersigned.
Honda Center, a service shop located in Guatemala City's Zone 10, has a potential market of 93 thousand consumers between the ages of 25 and 60 years old, of which 66% are interested in vehicle-related topics, within a 15-minute drive.
Using the Geomarketing solutions we have developed for our clients, CentralAmericaData's Business Intelligence team analyzed the environment of some of the main automotive repair shop locations operating in Central American countries. Below is an excerpt of the study's findings.
Excel Automotriz opened a new branch in El Salvador, located at kilometer 10 of the Pan-American Highway, on the road to Santa Tecla.
The new building, called "Excel Las Ramblas", has a construction area of 2,800 square meters. In this branch the business group has sales rooms for Toyota and Kia vehicles.
On a 17-hectare site located in a sector near the City of the Future, Metro de Panama S.A. plans to build the yards and workshops that will be used to provide preventive and corrective maintenance to the components of this means of transportation.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, Metro de Panamá S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Yards and workshops of Line 3 of the Panama Subway".
On March 19, Metalub began operating a new Filling Station located in Walmart Escazu, an establishment with 285 square meters of floor space.
According to representatives of the company, the recently inaugurated establishment is called MetaCentro, required an investment of $120 thousand and the practices carried out in this establishment are considered to be environmentally friendly.
Corporacion de Industria Automotriz de Beijing, which opened a dealership in La Uruca, San José, expects to sell between 800 and 1,000 vehicles of different types in the next three years.
Company executives informed that the company will offer in the Costa Rican market SUV-type vehicles with prices ranging between $17,900 and $23,900, sedans with a price of $19,200 and the 4x4 segment which will be marketed at $39,900.
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.
In Panama, social distancing measures have been applied and vehicle repair shops are allowed to have only 10 employees, which makes the provision of most services unfeasible.
For the Association of Car Dealers (ADAP), the decision of the Panamanian authorities to approve the reopening of vehicle workshops is positive; however, the restrictions applied in the context of the covid-19 outbreak complicate their operation.
Focusing on increasing income from after-sales services and making alliances with banks to offer better financing conditions are some of the strategies that car dealers in Panama intend to implement in this new reality.
Representatives of Ricardo Perez S.A., a Toyota brand distributor in the country, believe that because the purchase of a vehicle represents the second most important financial transaction in a family, the automotive sector will be seriously affected in this context of the spread of covid-19.
The sharp drop expected in the income of centers dedicated to providing general mechanical services for cars and trucks in Central America will be mainly explained by the drop in demand from end consumers and bus rental companies.
The "Information System for the Impact Analysis of Covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the impact that the crisis will have on companies according to their sector or economic activity, taking into consideration various scenarios for the coming months.
In Guatemala, the supply and installation of machinery and equipment for the specialty of automotive technology, for several training centers of Intecap, is tendered.
Guatemala Government Purchase 12167126:
"Some of the required equipment:
-Automotive painting cabin, with two 10 HP turbines or their equivalent in KW
-Engines used for vehicles with mechanical and petrol transmission, model year 2015 or later
The business group Excel Automotriz opened a new service center of 7,600 square meters, which is located in zone 10 of the country's capital.
Company representatives reported that the facility has exhibition space, offices, workshop, sales area for new vehicles and spare parts, and a parking lot with capacity for more than 30 cars.
Almost 30% of the commercial establishments operating in Santa Tecla are restaurants, hotels, offices, schools and shopping centers.
An analysis of the commercial establishments in El Salvador, carried out by the Trade Intelligence Unit of CentralAmericaData shows interesting results about the characteristics of the companies operating in Santa Tecla, a municipality in the department of La Libertad, according to their location and type of activity.
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