Trinidad and Tobago car market in 2019 is embarking on a positive track. Indeed, Year to Date November sales have been 13.464, projecting the full year to 14.342, up 8.7%. Toyota is on top, while Nissan and Hyundai are fighting for the 2nd position.
Trinidad and Tobago car market in 2018 declined for the 2nd consecutive year, losing moderately. Indeed, the full year ended with sales at 13.200, down 2.2% from the previous year, hitting again the worst level in this decade, despite the end of economic recession
Trinidad and Tobago car market in 2017 dropped 25% from the previous year, when the all time record had been established. While expectations were positive, the size of fall surprised our analysts. Toyota, Hyundai and Nissan combined share is over 56%.
Trinidad & Tobago vehicles market in 2014 has lost a little from the previous year record while perspectives are not positive for the next future as the country economy is struggling. Japanese led the ranking with Nissan on top.