Jamaica vehicles market in 2019 is currently stable. Indeed, Year to Date November figures are at 6.578. Toyota is holding the crown with over 30% of share, ahead of Kia and Volkswagen.
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.
Jamaica Light Vehicle Market reported a shy 2014 with sales fell from the previous year standing an almost low-level. The market is penalized by heavy duties on high power engines. Toyota was market leader with share close to 20 percent.