Honduras 2016. Import of “fresh” used penalized new cars market
Honduras New Vehicles sales in the 2016 had been penalized by the strong import of "fresh" new vehicles and dropped down from the previous year record level. Toyota was again market leader over Hyundai and Kia, but Nissan was the fastest growing.
Honduras. In 2018 the market kept recovering in double-digits
Honduras Vehicles Market in 2018 kept recovering from the 2016's sharp drop. Indeed, registrations ended the year at 12.974, up 10.8% from the previous year. Nissan held the market throne with 23.7% of market share, ahead of Toyota and Ford.
Honduras 2017. Nissan boomed sales taking the leadership
Honduras Vehicles Market in the 2017 was almost positive with sales up 19%, recovering the previous year fall. Sales were driven by Nissan, which boosted sales taking the leadership over Toyota. Outlook is positive.
Honduras 2015. New all time record, up 13%
Honduras Vehicles Sales in 2015 improved for the fourth year in a row, hitting the new all time record with 14.292 sales, fueled by internal demand, gaining strength during the year. However, new new vehicles are still penalized by used imported cars.