In the region's countries, more than 21 million people are looking to buy a vehicle online, and of this group of consumers, approximately 7% explore options for purchasing an SUV.
The interactive information system developed by CentralAmericaData monitors in real time the changes in consumer habits in all markets of the region, with fundamental information to understand the new commercial environment that has emerged in an accelerated manner.
At the beginning of 2020, 25% of the automobile type vehicles circulating on the streets of Central American countries were of the KIA, Suzuki, Mazda and Nissan brands, while of the total of light cargo vehicles, Ford, Mitsubishi and Chevrolet monopolized 14%.
The report "Vehicles in Central America", from the Trade Intelligence Unit of CentralAmericaData collects the most updated information on the automotive market in Central American countries.
During the first two months of 2020, motorcycle imports into the markets of El Salvador and Panama contracted the most, with year-on-year falls of 38% and 36%, respectively.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
As the economies of Central America begin to relax the restrictions that have been taken to prevent the spread of covid-19, sales of pickup trucks are predicted to be among the most contracted.
Using a demand-income sensitivity model developed by the Trade Intelligence Unit of CentralAmericaData, it is possible to project the variations that household demand for different goods and services will undergo as the most critical phases of the spread of covid-19 pass and mobility restriction measures are lifted in the countries of the region.
Retail sales in the automotive sector in Central America are predicted to be significantly affected by the covid-19 crisis, which would be partially explained by the drop in tire sales.
It is estimated that at the end of 2019, 23% of the motorcycles circulating nationally were of the brands Honda, Yamaha, Suzuki, Vento and Bajaj.
The report 'Vehicle fleet in Mexico 2019', from the Trade Intelligence Unit of CentralAmericaData, provides details on the characteristics of different vehicles that travel through the streets of the Mexican states.
After 198,000 motorcycles were sold in the country in 2019, local businessmen forecast that during 2020 the number of units sold could increase between 12% and 17%.
Data from the Association of Motorcycle Importers (Asim) indicate that on average 16,500 motorcycles are sold in the Guatemalan market per month, but only in February 2020 sales exceeded 19,000 units.
At the end of 2019, 32% of the vehicles circulating on the streets of Central America were of the brands Toyota, Nissan and Hyundai, while Honda, Suzuki, Kia, Isuzu, Mazda and Ford shared 25% of the total.
The report "Vehicles in Central America", from the Trade Intelligence Unit of CentralAmericaData collects the most updated information on the automotive market in Central American countries.
From January to September 2019, motorcycle imports into the Central American country reached $117 million, and 80% of total purchases were made from companies in China and India.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]
It is estimated that the vehicles of Arrendadora CAFSA, Constructora Hernan Solis, Bimbo and Coca Cola, represent 3% of the total units registered in the name of large companies in the country.
The report "Vehicles in Central America, with details of the business fleet", by CentralAmericaData, gathers the most updated information of the automotive market in Central American countries.
Because the cost of electric bicycles is considerably lower than other types of electric vehicles, the number of units imported into the country has increased exponentially in recent years.
According to figures from the Ministry of Finance, during 2019 3,585 electric bicycles and motorcycles were imported into the country, 93% more than the 1,857 reported in 2018.
In Guatemala, about 2% of the total vehicle fleet units are registered on behalf of 30 companies, including Tropigas, Seguros G&T and Arrendadora Centroamericana.
From the report "Vehicle fleet in Central America, with details of the business fleet", the unit of Trade Intelligence of CentralAmericaData collects the most updated information of the automotive market in Central American countries.
At the end of the first half of 2019, 8% of the units on the streets of Central America were Honda, 7% Nissan, and 6% Hyundai, while Suzuki, Mitsubishi, Kia, Mazda and Ford made up 20% of the total.
The report "Vehicular Fleet in Central America", from the Trade Intelligence Unit of CentralAmericaData gathers the most updated information on the automotive market in Central American countries.
From January to March 2019, Central American imports of motorcycles totaled $103 million, and purchases from companies in India decreased by 19% over the same period in 2018.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAPHIC caption="Click to interact with graphic"]
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