españolGuatemala Sells Railway to KoreansThursday, May 19, 2011 Representatives from the Korean companies Hyundai and Yoochang have announced an agreement with the current owner of the Railroad Development Corporation, and a total investment of $2,400 million. The Korean companies Hyundai and Yoochang Corporation plan to invest in restoring the functioning of the railway linking the Pacific and Atlantic coasts , to create a land alternative to the Panama Canal. Korean Companies Interested in Guatemala RailTuesday, May 3, 2011 The firms Hyundai Corporation and Sha Yu have shown interest in acquiring a stake in the railroad business. Guillermo Porras of The Attorney General's Office, said that in the course of this month a delegation from the Hyundai company will arrive for a fact finding mission and to learn about the state of the petition for arbitration that the Railroad Development Corporation (RDC), railways beneficiary, has brought against the Government of Guatemala. Guatemala: Rail Investment DenialTuesday, May 24, 2011 There is an old saying that if something looks too good to be true, it probably is ... The U.S. company Railroad Development Corp. (RDC), which owns the railway concession in Guatemala, has denied having reached an agreement to sell. Panama: Automotive Boom ContinuesThursday, May 22, 2014 In the first four months of the year 18,000 new cars were sold, 10% more than in the same period in 2013. With the sale of 4,797 new vehicles between January and April 2014, Toyota ranks as the best-selling car brand in the country. In second place is Hyundai, with 3,245 units and in in third place Kia, with 2,917 vehicles sold. Panama: Sales of New Cars Up 4.7%Monday, August 18, 2014 In the first seven months of this year 33,245 new vehicles were sold, which is 4.7% more than in the same period last year, with Toyota, Hyundai and Kia's being the best-selling brands. During the first seven months of this year 33,245 new vehicles were sold in the country, 4.7% more than the 31,745 units sold between January and July 2013, maintaining the dynamism of previous months. Panama: Cars Sales Continue to Lose StrengthFriday, September 12, 2014 In the first eight months of the year car sales increased by 5% compared to the same period last year, a rate which is less than the growth in previous months. The speed of growth in car sales in Panama continues to decline. Between January and August 38,034 vehicles were sold, which is just over the 36,190 units sold in the same period in 2013, according to data from the Association of Automobile Dealers in Panama (Adap). Less Acceleration of Car Sales in PanamaFriday, August 29, 2014 New car sales grew by just 5.6% in the first half of the year, well below the 14.8% increase achieved in the same period in 2013. Figures from the National Statistics Institute reported that between January and July 2014 28.381 new cars were sold, which is 1,511 more than in the same period in 2013. Panama: Car Sales Up 17% in JulyMonday, September 16, 2013 Between January and July 2013 car dealerships sold 31,745 new cars while in the same period of 2012 the figure was 27,142. The statistics were supplied by the Automobile Dealers Association of Panama (ADAP). During the first months of 2013 more than 4,603 cars were sold than in the same period in 2012. Car Sales Up 16% in PanamaTuesday, November 26, 2013 Between January and October 2013 car dealers sold 46,983 new vehicles, more than the 6,379 cars sold in the same period of 2012. The top selling brands include Hyundai, Toyota and Kia. The first had a growth of 9% between January and October, while Toyota and Kia sales increased by 23% and 35% respectively, compared with the previous year. Car Sales in Panama Up 16%Wednesday, May 15, 2013 In the first quarter of 2013, 17,105 cars were sold , ie 2,296 more than in the same period in 2012. Prensa.com reports that "this represents an increase of 16% as from January to April 2012 14,809 units were sold, according to statistics from the Automobile Dealers Association of Panama (ADAP)". ACP Promotes Megaprojects in KoreaTuesday, May 7, 2013 The Panama Canal Authority is promoting the development of automotive and natural gas terminals on land bordering the new canal. Jorge Quijano, ACP Administrator, met with current clients of the Canal and carmakers. Metro Line 3 Tender is AdvancingThursday, October 11, 2018 The process of approval of the tender for the design and construction of Line 3 of the Panama Metro began with a meeting between the seven pre-qualified groups and a visit to the site. From the Metro de Panamá S.A. press release: The Imported Vehicles Market in GuatemalaMonday, May 19, 2014 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. Tocumen Cancels Contract for Moving WalkwaysMonday, August 12, 2013 Now new suppliers are being sought for the installation of moving walkways at the North Terminal of the International Airport. South Korea's Hyundai is nine months behind on the installation of the moving sidewalks at the north terminal of Tocumen International Airport. More and More Chinese Vehicles in Costa RicaMonday, March 3, 2014 Between 2009 and 2013 the number of Chinese vehicles in the Costa Rican Public Registry multiplied by 9. In the last five years, Chinese vehicles went from 0.3% of new cars registered in the country to 2.2% in 2013, according to the National Registry Office. |
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