Paraguay vehicle market in 2019 went down in double-digits, after hitting the all-time record in previous year. Indeed, the Full-year reported a sharp sales drop (-15%) with 30.097 units sold. Chevrolet held the market throne - with 13.9% - just a few units ahead of Kia.
Paraguay vehicle market signed a new all-time record in 2018 booming 27.1% with 35.403 sales, thanks to strong economic growth which fueled private consumers demand. Chevrolet jumped on the throne ahead of the former leader Kia, but the winner of the year was Nissan, up 90.6%.
Paraguayan Vehicles Market recovered 33.9% in the 2017 after the previous years fall, sustained by private consumptions and new fixed investment wave. Kia is market leader despite losing five points of market share, while Chevrolet boomed in second place.
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 2014 Paraguay Car Market hit New All-Time record sales albeit deep loss reported in the fourth quarter. Nissan was the emerging brand jumping in 6th place, up 6 spots, while Kia stands on top.
Paraguay Car Sector booming in the 2014 fueled by the battle for leadership among Kia and Hyundai that gained over 45 percent of market share. Statistics just released on third quarter confirmed the leadership of Toyota Hilux among model.
In 2013 the Paraguay car market fell 2.4% from the previous year thanks to a phenomenal recovery in the second half that has offset a really bad start. This market ranked 74th world-wide with a positive outlook for the next decade.