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. What Car Brands are Circulating in Central America?Tuesday, July 17, 2018 In the first months of 2018 about 30% of the cars in circulation were of the brands Mitsubishi, Mazda, Chevrolet, Ford, Suzuki, Volkswagen and KIA. Data from the report "Vehicle Fleet in Central America" compiled by the Business Intelligence Unit at CentralAmericaData, provides details on the characteristics of the different vehicles that transit the streets of Central American countries. 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)". 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. Panama: Car Sales Up 7%Friday, January 9, 2015 In 2014 60.304 new vehicles were sold, 7% more than in 2013, with Toyota, Hyundai and KIA being the top of the list of best selling brands. According to the Automobile Dealers Association of Panama (ADAP), sales projections for 2014 were for 58,000 units, however, with the Panama Motor Show sales surpassed 60,000 units. It is expected that for 2015 growth will be around 2% to 4%. Purdy Motors Buys US DealerThursday, February 19, 2015 The Costa Rican Automotive company has acquired a car dealership in Dallas, bringing the number of subsidiaries of the company operating out of Costa Rica to five. The new branch in Texas, was born under the brand Atkinson Toyota South Dallas and is dedicated to marketing Toyota and Scion brands of cars. Purdy Motor plans to continue expanding its operations primarily in North America. 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. The Best Selling Cars in PanamaFriday, March 31, 2017 The union of vehicle dealers reported that the brands Toyota, Hyundai and Kia led sales in the country, with 35,000 units sold in 2016. Figures from the Association of Automobile Dealers in Panama (ADAP) indicate that these three brands are the most commonly traded in the country. Capital.com.pa indicates that the Toyota brand "... leads the list with 42,249 vehicles sold in the last three years. In 2014 14,223 cars were sold and although in 2015 there was a drop in sales (13,642) they rebounded in 2016 and 14,384 cars were sold." 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. 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). Guatemala: Auto Sector GrowingMonday, May 30, 2011 In the first quarter of the year new car sales have grown by 21% compared to the same period in 2010. Toyota, Audi and Nissan are just some of the brands whose vehicles sales have increased dramatically during the first three months of the year in Guatemala. New Player in Automotive MarketMonday, April 16, 2018 Ricardo Pérez S.A., distributor of Toyota and Lexus in Panama, has signed an alliance with the Japanese Itochu Corporation, which will have a majority stake in the automotive company. In a statement posted on its website, Grupo Corporativo Pérez announced that the Japanese multinational ITOCHU Corporation will have a majority and joint share with the group in the distribution company of the brands of Toyota Corp. Panama: Car Sales Up 10%Tuesday, April 14, 2015 In the first quarter of the year,14,891 new cars were sold, which is 1,298 more than in the same period last year. It is expected that this year the growth rate will be maintained and will rise above the 7% increase that was reported in 2014, when 60,000 new cars were sold during the year. Toyota, Hyundai, Kia, Nissan, Suzuki and Honda were still the most sought after brands, according to information from the Association of Automobile Dealers of Panama (ADAP). How Many and What Vehicles Are Circulating in Costa RicaWednesday, August 3, 2016 Of all vehicles circulating in the country at the end of 2015, 63% were automobiles, 19% motorcycles, 13% light duty vehicles and 3% heavy load vehicles. Figures from the report "Vehicular Fleet in Central America" prepared by the Business Intelligence unit at CentralAmericaData.com, indicate that 1.3 million vehicles were in circulation up to December 2015, of which 63% were cars. Costa Rican Vehicle Sales Slow DownTuesday, August 8, 2017 In the first half of 2017, the Treasury department recorded the entry of 27,315 units, 10% less than the 30,290 registered in the same period last year. Although several vehicle distribution agencies claim to have recorded increases in their sales during the first half of the year, in general the market has decelerated compared to the same period in 2016. |
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