Paraguay Vehicles Sales in 2015 dropped down 20%

Paraguay Vehicles Sales in 2015 Kia-Rio_Sedan-2016

Paraguay Vehicles Sales in 2015 dropped down 20% at the lowest level out of the last five years. Kia on top of the list gained share while Toyota outpaced Hyundai in second place. The Hilux was best seller.

Country Outlook

Thanks to high levels of Government spending, particularly in the construction sector, Paraguay’s economy has held up against a backdrop of a Latin American slowdown and grew 3.0% last year.

However, it will be challenging to sustain this resilience as 85% of Paraguayan exports are destined for regional markets, mainly Brazil and Argentina, both of which are undergoing economic turbulence and are facing a high degree of uncertainty looking ahead.

Argentina’s new Macri-led government has signaled that it is more willing than the previous administration to open up negotiations with Paraguay over a jointly operated hydroelectric dam that had been the source of bitter relations between the two countries in the past.

Market Outlook

Following the record sales scored in the previous market and despite a growing GDP, the new vehicles sales in the 2015 dropped down at the lowest level in the last five years.

Indeed, according to data released by the CADAM(the Local Association of Car Manufacturers), the total new Light Passengers Vehicles sold in Paraguay have been 24.559, down 20.0%% from the previous year.

Over 31% of market share was held by Koreans brand with Kia market leader with 5.349 sales (-11.6%) and a solid 21.8% of market share and Hyundai third (down 1 spot) with 2.521 sales (-48.3%). Toyota was in the middle, ranking second with 3.178 sales (-25.1%).

As far as best-selling models ranking, the leader was again the pick up Toyota Hilux with 2.083 sales (-31.6%) ahead of the Kia Rio with 1.641 (-16.7%) and the Kia Picanto with 1.078 sales (-32.6%).

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 2015 Rank 2014 Brand 2015 2014 2015 Var Share 2015
1 1 Kia 5.349 6.052 -11,6% 21,8%
2 3 Toyota 3.178 4.241 -25,1% 12,9%
3 2 Hyundai 2.521 4.874 -48,3% 10,3%
4 4 Chevrolet 2.403 2.443 -1,6% 9,8%
5 5 Volkswagen 1.402 2.326 -39,7% 5,7%
6 7 Fiat 1.181 973 21,3% 4,8%
7 6 Nissan 1.050 1.240 -15,3% 4,3%
8 9 Suzuki 792 804 -1,5% 3,2%
9 8 Isuzu 787 832 -5,4% 3,2%
10 22 ChangAn 544 206 163,9% 2,2%
11 11 Mercedes 453 540 -16,2% 1,8%
12 10 Ford 438 608 -28,0% 1,8%
13 15 Mitsubishi 399 331 20,3% 1,6%
14 14 Jeep 384 381 0,8% 1,6%
15 12 SsangYong 357 528 -32,5% 1,5%
16 16 Renault 350 329 6,3% 1,4%
17 21 Audi 247 206 19,7% 1,0%
18 18 Mahindra 239 246 -3,1% 1,0%
19 13 BMW 172 424 -59,4% 0,7%
20 25 Dongfeng 156 142 10,5% 0,6%

Rank 2015 Rank 2014 Model Sales 2015 Sales 2014 Var 2015 Share 2015 Share 2014
1 1 Toyota Hilux 2.083 3.045 -31,6% 7,2% 9,6%
2 2 Kia Rio 1.641 1.970 -16,7% 5,7% 6,2%
3 4 Kia Picanto 1.078 1.599 -32,6% 3,7% 5,0%
4 7 Hyundai Accent 987 958 3,1% 3,4% 3,0%
5 6 Kia Sportage 977 1.050 -6,9% 3,4% 3,3%
6 72 Chevrolet Tracker 864 60 1332,5% 3,0% 0,2%
7 10 Nissan Frontier 793 764 3,8% 2,8% 2,4%
8 8 Isuzu Pick-up 786 832 -5,5% 2,7% 2,6%
9 9 Hyundai Tucson 744 829 -10,2% 2,6% 2,6%
10 12 Chevrolet S10 698 598 16,7% 2,4% 1,9%

 

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