Panama Automotive Analysis & Data are provided by the Automotive Experts Team, all having dedicated the entire live in this sector, utilizing the sales data stored within the GAD.
The Global Auto Database is the World’s most powerful and largest vehicles sales data library, tracking monthly performance by market, segmen, brand and model, sourcing all national transportation authorities.
Daily Reports will allow you to track market facts, data and competitive landscape, while professional researches are released with historical data 2010-2017 and forecast up to 2025.
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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.
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.
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.
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.
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.
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.
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.