Paraguay 2016. Market dropped albeit strong economy

Paraguay Auto Market 2016 Hyundai-Elantra_Sport-2017

Paraguay Auto Market 2016 dropped for the second year in a row albeit the country small economy proved resilient to the economic downturns in neighboring big countries. Hyundai advanced booming sales thanks to the Tucson.

In 2016, Paraguay’s small economy proved resilient to the economic downturns in neighboring Argentina and Brazil, both important trade and investment partners. The Central Bank estimates GDP to have grown 4.0%, a solid acceleration from the 3.1% growth recorded in 2015. Domestic demand benefited from strong public investment in infrastructure, which is also likely to have spilled over to private investment. On the external front, exports grew robustly, supported by the weakness of the Guarani against the Brazilian real and boosting the attractiveness of Paraguayan goods.

Despite the favorable external environment, the domestic automotive industry struggled and the light vehicles sales fell at the lowest since 2009.

Indeed, as reported by the local Automotive Manufacturers Association, in the 2016 sales had been 20.802, down 15.3%, after the over 20% lost in the previous year.

Kia kept the leadership with sales down 19.7%, followed by Hyundai (+39.1% thanks to the new Tucson), Toyota (-3.1%), Volkswagen (-3.9%) and Chevrolet (-45.7%).

As far as best-selling models ranking, the leader was again the pick up Toyota Hilux with 2.138 sales (+2.7%) ahead of the Kia Picanto with 1.217 (+12.9%) and the Kia Rio with 1.192 sales (-27.3%).

Below, you can sort our interactive tables to see data regarding Brands and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will report year to date data updated.

Rank 2016 Rank 2015 BRAND Sales 2016 Sales 2015 Variation 2016 Share 2016 Share 2015
1 1 Kia 4.296 5.349 -19,7% 20,7% 21,8%
2 3 Hyundai 3.507 2.521 39,1% 16,9% 10,3%
3 2 Toyota 3.079 3.178 -3,1% 14,8% 12,9%
4 5 Volkswagen 1.348 1.402 -3,9% 6,5% 5,7%
5 4 Chevrolet 1.306 2.403 -45,7% 6,3% 9,8%
6 7 Nissan 768 1.050 -26,9% 3,7% 4,3%
7 12 Ford 597 438 36,3% 2,9% 1,8%
8 14 Jeep 595 384 55,1% 2,9% 1,6%
9 9 Isuzu 580 787 -26,3% 2,8% 3,2%
10 8 Suzuki 570 792 -28,0% 2,7% 3,2%
11 11 Mercedes 391 453 -13,6% 1,9% 1,8%
12 10 ChangAn 370 544 -31,9% 1,8% 2,2%
13 19 BMW 314 172 82,6% 1,5% 0,7%
14 6 Fiat 304 1.181 -74,3% 1,5% 4,8%
15 29 Mazda 295 84 253,0% 1,4% 0,3%
16 13 Mitsubishi 275 399 -31,0% 1,3% 1,6%
17 27 Chery 216 95 126,6% 1,0% 0,4%
18 16 Renault 189 350 -46,0% 0,9% 1,4%
19 17 Audi 185 247 -25,0% 0,9% 1,0%
20 15 SsangYong 177 357 -50,4% 0,9% 1,5%

Rank 2016 Rank 2015 Model Sales 2016 Sales 2015 Variation
1 1 Toyota Hilux 2.138 2.083 2,7%
2 3 Kia Picanto 1.217 1.078 12,9%
3 2 Kia Rio 1.192 1.641 -27,3%
4 9 Hyundai Tucson 996 744 33,8%
5 5 Kia Sportage 903 977 -7,6%
6 7 Nissan Frontier 574 793 -27,6%
7 10 Chevrolet S10 560 698 -19,8%
8 8 Isuzu Pick-up 549 786 -30,1%
9 15 Volkswagen Gol 530 456 16,3%
10 4 Hyundai Accent 505 987 -48,8%
11 20 Hyundai i10 493 408 20,8%
12 Hyundai HB20 426
13 22 Volkswagen Amarok 391 360 8,6%
14 Jeep Renegade 368
15 6 Chevrolet Tracker 360 864 -58,4%

 

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