Costa Rica autos market in 2019 registrations are still declining but with lower speed. Indeed, Year to Date November sales in 2019 have been 32.370, projecting the full year at 34.769, down 12%. Almost half of the market is held by the Top 3 brands, where Toyota detains 28.4% of share, followed by Suzuki and Nissan.
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.
Costa Rica Auto Industry slammed a new record in the 2015 fueled by a strong economic environment and limits imposed to the import of used vehicles. Sales improved 20% while Toyota kept dominating the rank.
Costa Rica new vehicles market up 7% in first half 2015 albeit economic activities deceleration and is projecting the year at the best ever. Toyota was stable on top of the list.