America Centre

Bermuda vehicles market is fueled by rent a car and tourism business, which account 28% of the national GDP. In the 2017 the market hit the all time record with 1.380 sales, up 5.5%. Kia dominates with over 50% of market share.

Costa Rica autos market has lost steam during the 2017, after three years of consecutive record. Sales fell 13% following the trend in the economy, where the fast growing speed has shown a deceleration Toyota is market leader with 17.7% of share.

Guadeloupe vehicles market is a stable French colony with annual sales over 15k. In the 2017 the market was reported down 5.6% from the previous year. THe market leader is Renault, with 29.5% of market share, followed by the others French makes.

Martinique autos market in the 2017 hit the new all time record sustained by strong private and fleet demand. Sales improved only 2.7%, after the boom reported in the previous year. Peugeot market leader ahead of Renault and Dacia.

Puerto Rico Vehicle Market in the 2017 was hit by the devastating hurricanes Maria and Irma effects and by the weak US investment in the emergency disaster funds. Toyota is near 30% of market share and customers dislike American products.

Dominican Republic Vehicles market in the 2017 has lost 16% following the peak hit in the previous year, when the new all time record was established. Toyota has lost the leadership taken by Hyundai, with a wide gap. In third place the other Korean, Kia.

Nicaragua vehicles market has lost steam in the 2017 followed the previous year record, albeit domestic public and private consumption were fairly robust. Toyota kept the leadership with 17.9% of market share followed by Volkswagen.

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.

Panama vehicles sales in the 2017 have lost in double-digit, first time in five years, hit by the increase of local registration duties and by a slower economy. Expectation for the second half are more optimistic as economy is accelerating.

Jamaica vehicles market in the 2017 scored the second negative year in a row, albeit improved economic environment. The arrival of new players in a so small market is increasing the competition reducing the share of traditional brands, including the leader, Toyota.