Peruvian Auto Industry in the 2017 find stability breaking the multi-year fall, with sales up 6.4%. Despite effects of devastating floods (in March) and political scandals the economic activity continued to expand. Toyota is the leader followed by Hyundai and Kia.
Peru Auto Market 2016 has lost moderately and for the third year in a string. The performance is considered almost positive at the light of country recession and political difficulties. Toyota lead ahead of Hyundai and Kia.
Peru Vehicles Sales in 2015 fell 5% albeit the acceleration in GDP growth. The market has been one of the fastest growing in South America in the last decade. Toyota is market leader with the Yaris sedan as best-selling model.
In First Half 2014 Peru Vehicle Market fell 8 percent hit by lower consumers demand as the economic growth reduced the speed and government stutters to find solutions.
Peru car market hit All-time record in 2013 scoring the fourth annual volume record in a row, despite sales speed decelerated in the second half and 2014 outlook is less favorable than in the past. See all market statistics.
September 2013 sales statistics for the Peru car market showed new positive data, as market keep growing while at lower speed. The last was the best ever September and projections are for a new all-time record year. Top 25 brands ranking confirm Japanese's leadership.
During the first half 2013, Peruvian car market kept its momentum confirming to be one of most attractive market worldwide, although grow speed was lower than in the previous two years. Sales grew 6.7% with Toyota, Hyundai and Kia placing on the podium.
Pushed by the positive economic environment, the Peruvian car market in the 2012 confirmed its momentum posting the third annual record in a row, posting a 28.4% sales increase from 2011. Toyota confirmed its leadership on the market in spite of losing share.
The Peru car market momentum continued in April when 13.294 light passengers were registered, up 41% from last year. The YTD sales in April were 50.266 units, up 32.3%. Hyundai and Toyota are fighting for leadership.
1.280% increase in last 10 years! Volumes grew from 10.000 units (2001) up to 128.713 (2011). These are the asthonishing numbers of a country finally emerging from poverty and running towards strong development in many sectors. And thanks to the social and democratic stability recently achieved, the country is a key target for investments.