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MARKET STUDY
Tires: Purchases Down 13% in 2020Monday, June 21, 2021 During last year, Central American companies bought new tires abroad for $402 million, a figure that is 13% lower than what was reported in 2019. Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"] Vehicles: Sales in Panama Up 20%Thursday, June 17, 2021 Between the first four-month period of 2020 and the same period of 2021, vehicle sales in the local market increased by 20%, a rise that is largely explained by the behavior of marketed units of cars and SUVs. The Office of the General Comptroller of the Republic reported that between April 2020 and the same month of 2021, the number of new units registered in the country increased 2,634%, going from 117 to 3,199. This abnormal variation is a consequence of the crisis caused by the Covid-19 pandemic.
BUSINESS OPPORTUNITY
Tender for $29 Million in Spare Parts for BusesFriday, June 18, 2021 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:
VEHICLE FLEET
Vehicles: Which Brands Control the Market?Tuesday, June 8, 2021 During the first months of 2021, 20% of the automobile-type vehicles circulating on the streets of Central American countries were Honda, Mazda, Chevrolet and Ford brands, while of the total number of light-duty vehicles, Isuzu, Hyundai and Hino accounted for 10%. The report "Vehicle fleet in Central America", from CentralAmericaData's Business Intelligence area, gathers the most updated information on the automotive market in Central American countries.
BUSINESS OPPORTUNITY
Tender for Vehicle Rentals in El SalvadorThursday, June 10, 2021 The Ministry of Foreign Affairs tenders the leasing service of a vehicle fleet to be used by employees of the institution. El Salvador Government Purchase LP- 02/2021:
MARKET TRENDS
Consumers, Trends and Changing InterestsTuesday, June 22, 2021 During the first half of 2021, consumers in Central American countries increased their interest in comics, martial arts, motorcycles, vegetarian food, spa services, air travel, weight loss products and sporting goods. Through a system that monitors in real time changes in consumer interests and preferences in Central American countries, developed by CentralAmericaData, it is possible to project short- and long-term demand trends for the different products, sectors and markets operating in the region.
BUSINESS OPPORTUNITY
Tender for Vehicles in Costa RicaTuesday, June 8, 2021 Costa Rican Social Security Fund tenders the supply of pick up, microbus, ambulance and truck type vehicles. Costa Rican Government Purchase 2021LN-000002-0001101101161:
MARKET TRENDS
Growing Interest in Hybrid VehiclesTuesday, May 11, 2021 During the first four months of 2021, interest in hybrid vehicles, as evidenced by the number of Internet searches and mentions in conversations in the digital environment, increased in all Central American markets. Through a system that monitors in real time the changes in the interests and preferences of consumers in Central American countries, developed by CentralAmericaData, it is possible to project short and long term demand trends for the different products, services, sectors and markets operating in the region. Restrictions on the Importation of Used VehiclesFriday, April 30, 2021 The authorities in Guatemala informed that the importation and registration of used vehicles that are seven years old or older, and whose engine does not start, will not be allowed. The importer or assistant of the Customs Agent duly accredited before the Customs Service, may request before the customs authority, if deemed appropriate, the authorization to carry out a permitted activity whose objective is the corroboration of the starting or ignition of the vehicle, informed the Intendencia de Aduanas. Luxury Cars: How is the Market Behaving?Monday, March 15, 2021 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. Vehicles: Sales Rebounded in March 2021Tuesday, May 4, 2021 After several months of reporting year-on-year declines in the number of vehicles sold in Panama, during the third month of the year an increase of 93% was recorded. The Comptroller General's Office reported that between March 2020 and the same month of 2021, the number of new units registered in the country increased 93%, going from 2,099 to 4,057. Vehicles: How Much Did Sales Fall in 2020?Tuesday, March 2, 2021 In El Salvador during last year, sales of new vehicles decreased 24%, a drop that can be explained by the closing of borders, the technical stoppage of plants worldwide and home quarantines decreed due to the outbreak of covid-19. According to businessmen in the sector, in the context of the economic and sanitary crisis, sales of sedan-type vehicles were the most affected. This decline was mitigated by the performance of commercial vehicle sales. Automotive Industry had a Good Start in 2021Tuesday, May 18, 2021 After vehicle sellers in Guatemala in 2020 faced a complex panorama as a result of the crisis caused by the pandemic, during the first quarter of the year a 30% y-o-y increase in the number of new imported units was reported. Statistics from the Superintendence of Tax Administration (SAT) detail that in the first three months of 2021, close to 9,300 new vehicles were imported in the country, a figure that exceeds by 30% what was reported in the same period of 2020. Vehicle Registration Paperwork Made Easier in GuatemalaFriday, July 24, 2009 The time required for vehicle ownership changes will go from 3 days to 20 minutes. Alberto Medina, from the country's tax authority, informed they are working in the new process, which could be available August 17.
BUSINESS OPPORTUNITY
Tender for $6 Million in Vehicles and ClothingFriday, May 21, 2021 In the Dominican Republic, the National Police is bidding for the supply of 133 vehicles of different types and clothing for use by members of the institution. Dominican Republic Government Purchase POLICIA NACIONAL-CCC-LPN-2021-0003: |
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Thursday, June 24, 2021 - last update: 4:55 pm
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