Car Auction in HondurasMonday, January 5, 2015 On January 26 the Ministry of Finance of Honduras will be holding an auction of various luxury vehicles owned by the state. Honduras Government Purchase PUBLIC AUCTION SEFIN-001-2014 DGBN: Luxury cars to be hit hard by taxes in Costa RicaFriday, June 20, 2008 The government of Costa Rica is considering slapping a 100 percent tax on luxury vehicles as a strategy to soften the blow of high oil prices. The Finance Minister, Guillermo Zúñiga, suggested this tax to the Legislative Assembly with the hope of increasing revenues to 20 billion colons (about 1 billion dollars). Luxury Cars: Sales Still UpThursday, December 5, 2019 During the first ten months of 2019, 2,210 luxury vehicles were sold in Panama, a figure 9% higher than that reported in the same period of 2018. According to the latest report of the General Comptroller of the Republic, between the first ten months of 2018 and the same period of 2019, the number of units registered in the country fell slightly, from 41,182 to 40,940. Panama: More Pickup Trucks and Fewer CarsWednesday, January 4, 2017 Between January and November 2016 imports of standard and luxury cars fell by 5% and 15% compared to the same period in 2015, respectively, while pickups grew by 20%. Data from the General Comptroller of the Republic shows that total imports of new vehicles grew by 3.2% in the first eleven months of the year compared to the same period in 2015. Panama: Drop in Vehicle SalesWednesday, April 19, 2017 In the first two months of the year 8,768 new vehicles were registered, which is 12% less than in the same period in 2016. Total sales of new vehicles in Panama in the first two months of this year fell by 12% compared with the same period last year, going from 9,992 to 8,768 units, according to figures from the National Institute of Statistics and Census (INEC). 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. The "Cavallino Rampante" in PanamaTuesday, January 27, 2015 4.7% of cars sold between January and November 2014 corresponded to the segment of luxury cars in Panama, where the italian company Ferrari expects to set up in March. Among the brands sold in Panama are Jaguar, Cadillac, Lincoln and Volvo, other brands in the luxury range but with less demand in this market are Maserati and Lamborghini. Between January and November 2014 alone about 2,602 luxury cars were sold, according to the National Institute of Statistics and Census. Car Sales Free-FallingWednesday, July 4, 2018 Between January and May of 2018, 21,716 new units were registered in Panama, 12% less than in the same period in 2017, reaffirming the downward trend observed since last year. <span dir="ltr">The most up-to-date figures from the Office of the Comptroller General of the Republic show that from January to May 2018, 7,747 new vehicles were registered, 19% less than the 9,549 units registered in the same period in 2017. Panama: Car Sales Still FallingWednesday, June 6, 2018 Between January and April 2018, 17,099 units were registered, 10% less than in the same period in 2017, reaffirming the decreasing trend that has been seen for several months. Panama's Luxury AmbitionTuesday, April 20, 2010 The government’s Strategic Plan 2010-2014 aims to turn the country into a “world-class center for value-added logistic services, luxury tourism and high value agriculture”. These are very ambitious goals, especially when analyzing the country’s current situation, with 33% of its inhabitants living below the poverty line and serious deficiencies in infrastructure. Guatemala: 33% More New and Used CarsThursday, July 16, 2015 In the first half of the year 58,373 new vehicles came into the country, 75% used and 25% new, registering an increase of 33% compared to the same period in 2014. Between January and June, more than 14,423 motor vehicles were imported than in the same period last year, with used cars recording the largest increase, with 43%, while the entry of new vehicles grew by 9.6%, according to figures from the Tax Authority (SAT). Grupo Tres Partners with Chilean Auto IndustryTuesday, February 15, 2011 Groupo Tres, with headquarters in Guatemala, agreed to a strategic partnership with the Gildemeister Group. Through the partnership the companies will invest in the automotive sector in Central America and the Caribbean. Panama: Automotive Fleet - November 2016Thursday, November 17, 2016 They are 1.2 million vehicles in circulation in the country, of which 75% were registered in the provinces of Panama and Panama West. From a report by the Traffic and Transportation Authority of Panama: Vehicles: Sales Start to Rise in 2020Wednesday, March 4, 2020 During the first month of the year, 3,487 luxury vehicles were sold in Panama, a figure 5% higher than that reported for the same period in 2019. According to the most recent report of the General Comptroller of the Republic, between January 2019 and the same period in 2020, in general the number of units registered in the country increased from 3,324 to 3,487. Vehicles: Sales in Panama WorsenTuesday, September 4, 2018 During the first seven months of 2018, 28,959 new vehicles were registered, 14% less than in the same period in 2017, aggravating the behavior that has been reported since last year. |
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