Panama vehicles sales

Panama 2018. Nissan soaring in a market down 6%

Panama vehicles sales marked the second consecutive year of decline in 2018 with 52.500 (-6%). Toyota kept the crown, falling in double-digit together with the followers, Hyundai and Kia. Outstanding performance was scored by Nissan, surging to 61.4%.

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Panama vehicles sales

Panama 2017. Sales down hit by increased local duties

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.

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Panama light vehicles

Panama 2016. New all time record, the 6th in a row

Panama light vehicles market scored in the 2016 he sixth all time record in a row, keeping the slow and stable trend and pushed up by one of best economy in the region. Toyota still on top but Hyundai is fast improving.

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Panama Vehicles Market in 2015

Panama 2015. Auto sales at record, again

Panama Vehicles Market in 2015 hit the new all time record albeit shy second half, posting the third record in a row. The leader Toyota has now been approached by two challengers, Hyundai and Kia.

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Panama Car Sector

Panama car sector kept roaring momentum in first half 2015.

Panama Car Sector kept roaring momentum in first half 2015 with sales reported up 27 percent compared with the record scored last year. Toyota is market leader ahead Hyundai and Kia.

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Panama Auto Market

Panama 2014. Auto Market hit the new all-time record

Panama Auto Market hit the new All-Time record in 2014 with sales near 60.000 fueled by strong consumer demand. Toyota boomed sales and overtook Hyundai on top of the ranking.

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Panama Vehicle Sales

Toyota led Panama Vehicle Sales in first half 2004.

Toyota led Panama Vehicle Sales in first half 2004 while the market was again slightly positive following the all-time record volume scored in the previous year. Hyundai and Kia follow with a wide gap.

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Panama car market

Panama 2013. Car market hit new all-time record

2013 Panama car market hit new all-time record posting the fourth all time record in a row as positive economic factors are pushing up private consumers demand. Hyundai was the hero of the year, outpacing Toyota on top of the list.

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